ExxonMobil (NYSE:XOM) reported on Friday earnings for the fourth quarter easily beating forecasts thanks to production growth, signaling that the Q4 oil price drop didn’t erode Big Oil’s profits as much as the market had feared. Exxon booked Q4 earnings of US$6 billion, down from US$8.4 billion in the fourth quarter of 2017. Yet, earnings per share assuming dilution came in at US$1.41, nearly a third above the analyst consensus estimate of US$1.08 of The Wall Street Journal. Exxon’s liquids production... Читать дальше...