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Exxon’s refining boom drives record Q3 and $20B buyback plan

· rollingout.com · popularity 18/100 · 0 similar stories today · Planetary Science & Exploration (Space & Astronomy)

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Summary

ExxonMobil delivered a strong third quarter, with record refining results helping the oil giant beat Wall Street’s profit expectations. Shares rose about 1.5% in pre-market trading today, after the company reported earnings and unveiled a dividend increase and a large buyback plan. Net profit more than doubled to $15.4 billion, or $3.72 per share, from […] The post Exxon’s refining boom drives record Q3 and $20B buyback plan appeared first on Rolling Out .

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