kapkomet Posted July 29, 2004 Share Posted July 29, 2004 THIS. :fyou :fyou :fyou :fyou :fyou :fyou Yahoo Link Gone in an Hour NEW YORK (Reuters) - Exxon Mobil Corp. (NYSE:XOM - news), the world's largest publicly traded oil company, on Thursday said its quarterly earnings surged 39 percent on higher energy prices, growing production and its best refining and marketing results in 13 years. The Irving, Texas-based company said second-quarter net income rose to $5.79 billion, or 88 cents a share, in the period, from $4.17 billion, or 62 cents, in the year-ago quarter. Analysts on average had expected Exxon Mobil to earn 88 cents a share, according to Reuters Estimates Quarterly revenue surged 24 percent to $70.7 billion, fueled by record prices for crude oil and gasoline and robust natural-gas prices. Meanwhile, new projects coming on line helped increase average oil and gas production by 1 percent from last year. Quote Link to comment Share on other sites More sharing options...
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