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Exxon Mobil 2Q Profit Slips

Exxon Mobil, the world's largest publicly traded oil company, said its second-quarter profit fell 1 percent from a year ago as lower natural gas prices hurt results, according to the Associated Press.

Still, the company's net income of $10.26 billion was the fourth-largest quarterly profit ever recorded by a publicly traded U.S. company. The latest profit compared with earnings of $10.36 billion in the second quarter of 2006.

Posted by   at 11:11 AM to Exxon Mobil | Permalink

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