Exxon Mobil reported earnings of $44,880 million increased $3,820 million from 2011. Earnings per share increased 15% to $9.70.
FULL YEAR HIGHLIGHTS
Exxon Mobil’s Chairman Rex W. Tillerson commented: “Energy is fundamental to economic growth and improved living standards. ExxonMobil’s strong financial performance enables continued investment in new energy supplies, which creates jobs and supports economic expansion.
“Fourth quarter 2012 earnings were over $9.9 billion, up 6% from the fourth quarter of 2011. Full year 2012 earnings were $44.9 billion, up 9% from 2011, with record earnings per share of $9.70.
“Capital and exploration expenditures were a record $39.8 billion in 2012 as we continue pursuing opportunities to find and produce new supplies of oil and natural gas to meet global demand for energy.
“In 2012, the Corporation distributed over $30 billion to shareholders through dividends and share purchases to reduce shares outstanding.”
[mappress] LNG World News Staff, February 03, 2013