Exxon Mobil Reports Earnings of $2.8 Billion for Fourth-Quarter 2015, Sets Capex for 2016 at $23.2 Billion
SUGAR LAND--February 3, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Low oil prices have caused a decrease in Exxon Mobil Corporation's (NYSE:XOM) (Irving, Texas) fourth-quarter 2015 earnings to $2.8 billion from $6.5 billion from the same period in 2014. The company's earnings for the full year 2015 were $16.28 billion, down from $32.5 billion in 2014. Industrial Info is tracking 218 active projects associated with Exxon Mobil worth $65.5 billion.
