Exxon Mobil Q3 profit falls compared with last year's record numbers, but refineries are strong

Exxon Mobil’s third-quarter profit declined compared with last year's unprecedented numbers, but their up 15% compared with the previous quarter oil giant had its strongest ever refinery throughput for the period. It also raised its quarterly dividend. Exxon Mobil earned $9.07 billion, or $2.25 per share in the period. That compares with $19.66 billion, or $4.68 per share, a year earlier. Removing certain items, earnings were $2.27 per share. Revenue slipped to $90.76 billion from $112.07 billion, but still topped Wall Street’s estimate of $89.29 billion.