ExxonMobil (XOM) Reports Q4 EPS of 88c Excluding Tax Reform

ExxonMobil Earns $19.7 Billion in 2017; $8.4 Billion in Fourth Quarter

February 2, 2018 8:00 AM EST

IRVING, Texas--(BUSINESS WIRE)-- Exxon Mobil Corporation (NYSE: XOM):

Net favorable non-cash impacts in the fourth quarter total $4.6 billion, including $5.9 billion relating to U.S. tax reform, partially offset by asset impairments of $1.3 billion Full year cash flow from operations and asset sales exceeds dividends and net investments1 Company makes sixth discovery offshore Guyana, adds acreage in Brazil, closes acquisition in Mozambique   Fourth Quarter     Twelve Months   2017   2016 % 2017   2016 % Earnings Summary (Dollars in millions, except per share data) Earnings (U.S. GAAP) 8,380 1,680 399... More