ExxonMobil 3Q earnings up nearly 50% despite Harvey impacts

ExxonMobil Corp. posted third-quarter earnings of $4 billion, up from $2.7 billion in third-quarter 2016 as commodity prices improved and upstream and downstream performance strengthened. The results came despite some downstream expenses related to Hurricane Harvey, which impacted its 584,000-b/d Baytown and 365,000-b/d Beaumont refineries in Texas. 


Source: News