CSIMarket
Company Name or Ticker Symbol
Search for other Categories
 
     
Exxon Mobil Corp  (XOM)
Other Ticker:  
 
 

EARNINGS REPORT by CSIMarket

Earnings helped by tax benefit


decrease font size NEWS BETA Increase font size

A $5,392 million tax benefit, helped Exxon Mobil Corp to post $1.97 eps in the forth quarter 2017



For the forth quarter 2017 earnings per share soared by 384.18 % to $1.97 per share, despite Sales decrease of -14.72 % to $52.04 billions, year on year.

From preceding quarter, eps more than doubled by 112.35 % from $0.93 per share and Sales fell by -21.36 % from $66.17 billions.
Sales have contracted due the decrease in revenues in Upstream -38.16%, Downstream -37.14%, Chemical -30.49%, Other -33.33%.
Net earnings increase of 315.46 % in the forth quarter 2017 was supported by expanding profits in Downstream and Chemical businesses, 98.54% and 2.25% respectively, while profits recoiled in Upstream segment. Producing overall net income of $8,409 millions for the forth quarter 2017, compare to income of $2,024 millions achieved a year before.
Other segment cut it's deficit to $-378.0 million. Exxon Mobil Corp also emphasized it's improving profit margins, where net margin rose to 16.16% in forth quarter 2017, and operating margin edged up to 25.96%.

The company's bottom-line growth was helped by $5,392 million tax benefit, without it, the forth quarter 2017 results would be much more moderate.
1Other segments have decreased the loss.
Explaining results, Oil & Gas Integrated Operations company told, that it saw rise in: Crude oil production & Natural gas liquids (MB/D) 2,331.00 gain by 12.88 %.
While following indicators decreased: Heating oils, kerosene & diesel Refined Product Sales (MB/D) down -3.05 %, Aviation fuels Refined Product Sales (MB/D) down -2.7 %, Specialty Refined Product Sales (MB/D) down -3.08 %, Refined Product Sales Total (MB/D) down -3.52 %.
While following indicators decreased: Gasolines naphthas Refined Product Sales (MB/D) 2,382.00 -4.03 %, Heavy fuels Refined Product Sales (MB/D) 372.00 -4.37 %.
The Oil & Gas Integrated Operations company, also outlined contraction in Natural gas production (MMCF/D) -10.11 %. Looking into financial results for the fiscal year 2017, Exxon Mobil Corp reported Sales of $244.36 billions and net income of $19.85 billions.

Oil & Gas Integrated Operations Company explained also, that Eps surged by 146.28 % to $4.63 per share from $1.88 in the previous fiscal year, while Sales advanced by 8.08 % from $226.09 billions a year ago.

Exxon Mobil Corp is expected to report next financial results on July 30, 2018.
Stocks
Economy
Industries
Other XOM's Earnings Reports

Exxon Mobil reported third quarter 2017 earnings

Exxon Mobil reported second quarter 2017 earnings

Exxon Mobil reported first quarter 2017 earnings

Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

NWBB's Profile

Stock Price

NWBB's Financials

Business Description

Fundamentals

Charts & Quotes

NWBB's News

Suppliers

NWBB's Competitors

Customers & Markets

Economic Indicators

NWBB's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Expectations

Management Effectivness

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Indices

Sectors & Industries

Financials

Commodities

Currencies

News


At a Glance

Stocks

Economy

Industries

Other

Help


Sitemap

Advertise

About us



CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.  Free Stock Market News Feeds
   Copyright © 2018 CSIMarket, Inc. All rights reserved. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)
Intraday Data provided by Barchart and subject to terms of use. To view Intraday Stock Data Java must be installed. Java content may be prohibited by the security software, to see the stock quotes, choose "allow content from this page" option. Stock Price, historical and current end-of-day data provided by eoddata. Intraday data delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Barchart and Eoddata. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071