Monday, February 6, 2012

Exxon reports 35% rise in profits in 2011

US supermajor ExxonMobil reports 2011 earnings of $41.1 billion reflecting  35% rise from 2010 earnings which is mainly due to higher crude oil and natural gas realizations, improved refining and chemical margins, and gains on asset sales. The Q4 2011 earnings of $9.4 billion were up 2% from the Q4 2010 earnings.

For more on Exxonmobil’s activities, discoveries, latest presentations, and all other information, check out the Derrick Document Search Tool:

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