ExxonMobil earns $19.7bn in 2017; $8.4bn in fourth quarter

ExxonMobil earns $19.7bn in 2017; $8.4bn in fourth quarter

04 February 2018, Sweetcrude, Houston, Texas – Exxon Mobil Corporation announced estimated 2017 earnings of $19.7 billion, or $4.63 per share assuming dilution, compared with $7.8 billion in 2016. U.S. federal tax reform in the fourth quarter resulted in a non-cash earnings gain of $5.9 billion, due to revaluation of deferred income tax balances. Non-cash asset impairments of $1.5 …

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