Exxon Mobil profit climbs 38%
The Irving, Texas oil big (XOM? 64.46, -0.33, -0.51%)? said it benefitted from higher crude oil costs and stronger chemical margins, whereas its downstream enterprise remained weak. Exxon Mobil’s earnings for the three months ended March 30 increased to $6.3 billion, or $1.33 a share, from $4.55 billion, or 92 cents a share, in the year-ago period. The earnings embrace a charge of 4 cents a share associated to health care legislation. (more…)
