Exxon Mobil signals higher second-quarter earnings
Exxonmobil Holdings Corporation
U.S. OIL & GAS PLC
Exxonmobil Holdings Corporation XOM | 0.00 | |
U.S. OIL & GAS PLC USOPY | 0.00 |
July 7 (Reuters) - U.S. oil and gas major Exxon Mobil XOM.N signaled in a regulatory filing on Tuesday that changes in oil prices would boost its second-quarter upstream earnings from $3.5 billion to $3.9 billion.
The industry bellwether had posted $5.7 billion in upstream earnings for the first quarter and a net profit of $7.1 billion in the year-ago second quarter.
