Exxon Beats Profit Forecasts With Strong Q4 Earnings

Exxon Beats Profit Forecasts With Strong Q4 Earnings

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ExxonMobil (NYSE: XOM) posted higher-than-expected earnings for the fourth quarter, while its full-year profit was the second-highest in a decade, as the U.S. supermajor boosted its Guyana and Permian production and achieved record annual refinery throughput.    Exxon reported on Friday fourth-quarter 2023 earnings of $7.6 billion, or $1.91 per share assuming dilution. As previously flagged, the U.S. supermajor’s Q4 earnings were impacted unfavorably by identified items of $2.3 billion, including a $2.0 billion impairment…

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