ExxonMobil (XOM) Tops Q4 EPS by 3c

ExxonMobil (NYSE: XOM) reported Q4 EPS of $0.67, $0.03 better than the analyst estimate of $0.64. Revenue was $59.8, versus the consensus at $51.4 billion.

The company said:

While our financial results reflect the challenging environment, we remain focused on the business fundamentals, including project execution and effective cost management,” said Rex W. Tillerson, chairman and chief executive officer. “The scale and diversity of our cash flows, along with our financial strength, provide us with the confidence to invest through the cycle to create long-term shareholder value.”

ExxonMobil completed six major Upstream projects during the year and achieved its full-year plan to produce 4.1 million oil-equivalent barrels per day. These new developments in Canada, Indonesia, Norway, the United States and West Africa added 300,000 oil-equivalent barrels per day of working interest production capacity.

For earnings history and earnings-related data on ExxonMobil (XOM) click here.

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