Exxon Mobil Profit surges depsite Harvey Impact

[Bob900]

$XOM reported 50% jump in its 3Q17 earnings, despite the impact of Hurricane Harvey that had led to the temporary closure of a few Gulf coast facilities. Earnings rose to $3.9Bil, or $0.93 per share, from $2.7Bil, or $0.63 per share during 3Q16. This increase was due to improved commodity prices. Revenue jumped 13% to $66.1Bil.

$XOM Exxon Mobil Corporation Earnings AlphaGraphics: Q3 2017 Highlights http://alph.st/b1cfce66

 

[WinterBorn]

They have a commodity we all need.

 

[Toro]

Great news!

Well done, Exxon!