Hit by falling oil prices, Exxon Mobil reported a 33% drop in quarterly profit Friday, but its annual profit of $45.22 billion set a record for any U.S. company.
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BING NEWS:
- Mass General Brigham is $2 billion richer, financials show
The latest earnings release ran counter to a drumbeat of concern that the state’s hospitals are all in financial jeopardy.
12/18/2024 - 9:03 am | View Link - Broadcom beats on profit, says AI revenue more than tripled this year
The chipmaker said artificial intelligence revenue increased 220% for the year to $12.2 billion. Broadcom reported better-than-expected fourth-quarter earnings on Thursday and said artificial ...
12/11/2024 - 11:00 am | View Link - Global Aviation Set for Record $1 Trillion Revenue in 2025, Yet Profit per Passenger Just $7
Paradoxically, as flying becomes more economically accessible for consumers, airlines find themselves with less financial breathing room.
12/10/2024 - 7:04 pm | View Link - Exxon Mobil’s profit beat offsets revenue shortfall in first quarter after Pioneer Natural deal
with profit coming in at $893 million — up from $779 million in the second quarter and the highest quarter in more than two years, but still missing expectations of $1.04 billion. Exxon said its ...
11/1/2024 - 5:44 am | View Link - Exxon Mobil profit tops Street in 3rd quarter, helped by Pioneer Natural acquisition
Also on Friday, Chevron Corp. reported an adjusted profit of $2.51 per share on revenue of $50.67 billion. Wall Street was looking for a profit of $2.47 per share on revenue of $49.88 billion.
11/1/2024 - 1:46 am | View Link - More
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