Exxon posts $2.7B quarterly profit after unprecedented year
CATHY BUSSEWITZ, AP Business Writer
April 30, 2021
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Shown is an Exxon service station sign in Philadelphia, Wednesday, April 28, 2021. Exxon Mobil reported profits of $2.73 billion in the first quarter, after a tumultuous year led to major spending reductions. The The Irving, Texas company produced 3.8 million barrels of oil per day in the first quarter, up 3% from the fourth quarter of 2020.Matt Rourke/AP
NEW YORK (AP) Exxon Mobil on Friday reported first-quarter profits of $2.73 billion after a tumultuous year led to major spending reductions.
The oil giant brought in $59.15 billion in revenue, up 5% from $56.16 billion during the same quarter last year. It exceeded analyst projections for the quarter.
Exxon posts $2 7B quarterly profit after unprecedented year
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Exxon posts $2 7B quarterly profit after unprecedented year
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