Exxon Mobil's fourth quarter profit tops estimates as volumes rebound

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[February 01, 2019]  HOUSTON (Reuters) - Exxon Mobil Corp on Friday reported a quarterly profit that topped analysts' estimate on higher prices and volumes for its oil and natural gas as production rose slightly on a year-over-year basis.

 

The company's fourth quarter net income fell to $6 billion, or $1.41 a share, from $8.38 billion a year ago. Analysts had forecast a $1.18 a share profit excluding one-time items, according to data from Refinitiv.

(Reporting by Jennifer Hiller in Houston; Editing by Nick Zieminski)

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