Exxon Stock Edges Higher After Earnings. The Company Raised Its Dividend, Too.

Energy

Earnings Report

By Avi Salzman and Adam Clark

Updated Oct 27, 2023, 8:40 am EDT / Original Oct 26, 2023, 4:29 pm EDT

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Exxon Mobil reported a slump in third-quarter profit from the prior year but announced plans on Friday to raise its dividend. The oil major said its refineries were recording higher throughput than any third quarter since 1999.

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