ExxonMobil Shares Fall On Mixed Q3 Results

Exxon Mobil Corporation XOM delivered mixed results for the third quarter. While EPS came in above the expectations, revenue fell shy of estimates.

• Reports EPS of $0.63, beats by $0.05.
• Delivers revenue of $58.677 billion, misses by $2.66 billion.
• Results reflected weak commodity prices and lower refining margins.
• Dividend increased 2.7 percent to $0.75.

Chairman and CEO, Rex Tillerson, commented, "ExxonMobil's integrated business continues to deliver solid results. While the operating environment remains challenging, the company continues to focus on capturing efficiencies, advancing strategic investments, and creating long-term shareholder value."

Following the results, the stock fell 1.29 percent to $85.80 in the pre-market session.