Driven in part by higher energy prices and rising oil production in Qatar, ExxonMobil said on Oct. 28 that its profit soared 55%.
The energy giant reported net earnings of $7.35 billion, a strong advance from the $4.73 billion posted in the 2009 third quarter that exceeded market expectations.
Revenue surged 16% to $95.29 billion.
ExxonMobil, the world's largest non-state oil company, said the strong performance was due to higher crude oil and natural gas prices, improved refining margins, and solid chemical results.
Copyright Agence France-Presse, 2010
