ExxonMobil Expects Its Profits to Fall. Time to Buy the Oil Stock on the Dip?

ExxonMobil (XOM -0.36%) is the oil industry's leader by almost every important metric, including profitability. The oil giant produced a peer-leading $8.6 billion in profits during the third quarter and a monster $17.6 billion of cash flow from operations, which also led international oil companies.However, the fourth quarter proved more challenging for the oil giant as it issued a profit warning for the period. Here's a look at whether that's a concern or investors should buy the oil stock on its profit di ...