The Business Times

Exxon Mobil quarterly profit down 21%

Published Mon, Feb 2, 2015 · 01:26 PM

[LONDON] Exxon Mobil Corp said on Monday its quarterly profit fell 21 per cent, as low crude prices took a toll on results for the world's largest publicly traded oil company.

Profit in the fourth quarter totaled US$6.57 billion, or US$1.56 per share, compared with US$8.35 billion, or US$1.91 per share in the same quarter a year earlier.

Oil and natural gas production fell 3.8 per cent, said the Irving, Texas-based company.

REUTERS

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