Current XOM Stock Info

Exxon Mobil Corporation (ticker: XOM) reported 2017 earnings of $19.7 billion, compared to $7.8 billion in 2016 – this represents a 151% increase. Non-cash asset impairments of $1.5 billion were recorded during the year, mainly due to upstream assets.

Q4 2017 earnings were $8.4 billion. Earnings excluding U.S. tax reform and impairments were $3.7 billion, which is down 2% compared with the prior-year quarter. U.S. tax reform in Q4 led to a non-cash earnings gain of $5.9 billion.

“The impact of tax reform on our earnings reflects the magni...

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