Exxon Mobil quarterly profit rises 49 percent

IRVING, Texas, Thu Jul 26, 2012 – Exxon Mobil Corp., the world’s largest publicly traded oil company, said on Thursday quarterly profit rose 49 percent, helped by a gain related to divestments and tax items.
The company reported a second-quarter profit of $15.9 billion, or $3.41 per share, up from $10.68 billion, or $2.18 per share, a year earlier.
Oil and gas output in the quarter declined 5.6 percent.