Exxon Mobil signals higher second-quarter earnings

Exxonmobil Holdings Corporation
U.S. OIL & GAS PLC

Exxonmobil Holdings Corporation

XOM

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U.S. OIL & GAS PLC

USOPY

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- 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.