Exxon Mobil shares jump 2% after quarterly profits beat Wall Street’s expectations

  • Exxon reported earnings of $1.46 per share versus $1.23 per share forecast by Refinitiv.
  • While Exxon’s earnings have steadily improved, its profits had fallen short of the Street’s expectations in four of the last five quarters.
  • Exxon’s refining operations are in focus after executives warned in July that investors should expect significant refinery maintenance in the coming quarters.

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