Exxon Beats Profit Estimates
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Oil industry earningsReuters
•Exxon's $8.6 billion profit beats as volume offsets price weakness
79% Informative
Exxon shares rose about 1.9% in premarket trading to $ 119 per share.
The U.S. oil producer reported income of $8.61 billion , down from $9.07 billion a year ago .
The results included Exxon 's first full quarter of production following its acquisition of Pioneer Natural Resources .
Exxon did not provide a fourth quarter outlook, but said it plans to provide investors with a revised production forecast.
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