Investing.com - Exxon Mobil (NYSE:XOM) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Exxon Mobil announced earnings per share of $1.58 on revenue of $73.79B. Analysts polled by Investing.com anticipated EPS of $1.56 on revenue of $71.02B.
Exxon Mobil shares are up 56% from the beginning of the year and are trading at $65.20 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 19.54% from the start of the year.
Exxon Mobil shares gained 1.38% in pre-market trade the report.
Exxon Mobil follows other major Energy sector earnings this month
Exxon Mobil's report follows an earnings beat by Chevron on Friday, who reported EPS of $3.19 on revenue of $44.71B, compared to forecasts EPS of $2.21 on revenue of $40.27B.
Royal Dutch Shell B ADR had missed expectations on Thursday with third quarter EPS of $1.06 on revenue of $60.04B, compared to forecast for EPS of $1.37 on revenue of $61.17B.
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