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News Watch
- 10/17/2008 2:15:37 PM
By Chip Brian, SmarTrend Analytics Team
Today, the world's largest oil company, Exxon Mobile Corp. (NYSE:XOM), posted financial figures for its fiscal 2Q. Profit rose 14% to $11.7 billion, or $2.22 per share, from last year's $10.3 billion, or $1.83 per share. Revenue for the period was $138 billion. Record high gas prices helped cover the expenses lost from the 7.8% drop in production.
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