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ExxonMobil Earnings Rise, Production Falls |
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Author: 123jump.com Staff
123jump.com
Last Update: 9:52 AM EDT May 01 2008
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ExxonMobil reported first quarter revenue increased 57% to $116.8 billion and earnings rose 19% to $10.9 billion and earnings per share increased to $2.05 from $1.64 per share a year ago. The oil giant increased its quarterly dividend by 3 cents to 35 cents. In the quarter the company repurchased $8 billion of shares and spent $5.5 billion on capital projects. |
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