NEW YORK — Exxon Mobil earned $9.25 billion in the last three months of 2010, its most profitable quarter since the record third quarter of 2008.
The largest publicly traded oil company said Monday that net income grew 53 percent in the fourth quarter as it produced more oil to take advantage of higher prices.
By Chris Kahn, The Associated Press
, February 01, 2011
Exxon Mobil Corp. on Friday reported a yearly profit of $45.2 billion for 2008, breaking its own record for a U.S. company, even as its fourth-quarter earnings fell 33 percent from a year ago.
The previous record for annual profit was $40.6 billion, which the world’s largest publicly traded oil company set in 2007.
January 31, 2009
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