Arab Today, arab today exxon mobil\s q3 earnings up 41
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

Exxon Mobil\'s Q3 earnings up 41%

Arab Today, arab today

Arab Today, arab today Exxon Mobil\'s Q3 earnings up 41%

Houston - Xinhua

U.S. oil and gas giant Exxon Mobil said Thursday that its third quarter earnings surged by 41 percent on higher oil and gas prices despite a drop in production. Irving, Texas-based Exxon Mobil, the world\'s biggest publicly traded oil company, reported that its revenues in the third quarter stood at 125.3 billion U.S. dollars, marking a 31.5-percent increase from a year ago. During the three months, the company\'s net income reached 10.3 billion U.S. dollars, up from 7.4 billion dollars in the same period of 2010, the company said. Exxon Mobil said that with oil and gas prices increasing in the third quarter, the company sold oil domestically for an average of 95.58 dollars a barrel, up 35.2 percent from a year ago, and charged 107.32 dollars a barrel in the international market, up 45.4 percent from last year. Increased prices for oil and natural gas helped the company\'s domestic earnings increase 18.5 percent to 1.2 billion dollars and its international revenues jump 163 percent to 7.2 billion dollars. However, its profit was hurt by a production decline. Oil equivalent production fell 4 percent to 4.282 million barrels per day due to field declines, divestments and OPEC quotas. Exxon Mobil\'s 41-percent increase of the third quarter profit was the second largest among the world\'s leading oil companies that have reported third quarter results, only following Shell, which reported a 100-percent profit growth in the third quarter to 7 billion dollars. 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today exxon mobil\s q3 earnings up 41 Arab Today, arab today exxon mobil\s q3 earnings up 41

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today exxon mobil\s q3 earnings up 41 Arab Today, arab today exxon mobil\s q3 earnings up 41

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan

GMT 06:08 2017 Sunday ,18 June

Lower oil prices set to test US shale driller

GMT 05:10 2017 Wednesday ,14 June

Oil prices edge down

GMT 05:22 2017 Tuesday ,13 June

Oil rises as investors buy into US crude

GMT 15:11 2017 Saturday ,10 June

Oil prices steady despite supply glut

GMT 14:28 2017 Sunday ,04 June

Kuwait oil price down 52 cents to USD47.83 pb
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday