Exxon's fourth-quarter profit tumbles 58 percent as low crude hurts

[February 02, 2016]  (Reuters) - Exxon Mobil Corp <XOM.N> on Tuesday reported a 58 percent drop in quarterly profit as low oil prices hurt results at the world's largest publicly traded oil company.

The Irving, Texas company reported that fourth-quarter profit slid to $2.78 billion, or 67 cents per share, from $6.57 billion, or $1.56 per share, in the same period a year earlier.

Exxon said its oil and gas output rose 4.8 percent in the fourth quarter.

(Reporting by Anna Driver in Houston; Editing by Jeffrey Benkoe)

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