ExxonMobil's Profits Top Estimates on Highest Production in a Decade

Key TakeawaysExxonMobil on Friday reported lower revenue but higher profits than expected for the final quarter of 2024.The oil and gas giant said it reached 4.33 million oil equivalent barrels per day in 2024, its highest production in over a decade.The company's stock moved lower in Friday morning trading. ExxonMobil's profits topped analyst estimates despite lower revenue than expected for the fourth quarter as the oil and gas giant said its production in 2024 hit its highest level in over a decade. Exxo ...