Exxon Mobil boasts a record profit

Wall Street's script called for oil companies to report lower first-quarter earnings, but Exxon Mobil Corp. wrote its own lines Thursday, reporting a record $9.3 billion profit despite a drop in revenue.

The Irving-based oil giant said its exploration and production business took a hit from lower worldwide oil prices, just as competitors like BP and ConocoPhillips reported earlier in the week.

Exxon Mobil Net Income Grows 10 Percent

Associated Press

Wed Apr 25

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