(Reuters) – Exxon Mobil Corp (N:) reported a 21% drop in quarterly profit on Friday, hit by weaker prices and higher maintenance costs.
The largest U.S. oil producer’s net income fell to $3.13 billion, or 73 cents per share in the second quarter, from $3.95 billion, or 92 cents per share, last year.
Exxon’s oil equivalent production rose 7% to 3.9 million barrels per day.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.