Exxon beats earnings expectations but lower oil prices weigh on profits

An Exxon Mobil gas station in Washington, DC, US, on Tuesday, Nov. 28, 203.Exxon Mobil reported quarterly earnings that beat Wall Street's expectations, but the company's profit declined significantly from same period the year prior.Here's what Exxon reported for the fourth quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: $2.48 adjusted vs. $2.21 expectedExxon reported net income of $7.63 billion, or $1.91 per share, ...