1/31, 1:40 PM (Source: TeleTrader)
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Exxon reports Q4 revenue at $67.17B

American oil giant Exxon Mobil Corporation said on Friday the company's fourth-quarter revenue amounted to $67.17 billion. Earnings per share in the fourth quarter stood at $1.33. The company's fourth-quarter earnings were $5.7 billion.

The company generated $29.7 billion of cash flow from operating activities in 2019 and $6.4 billion in the fourth quarter.

"Our operations performed well, while short-term supply length in the downstream and chemicals businesses impacted margins and financial results. Growth in demand for the products that underpin our businesses remains strong. We remain focused on improving our base businesses, driving efficiencies, and optimizing the value of our investment portfolio," said Exxon's Chief Executive Officer Darren W. Woods.

The company's stock was up 0.17% in premarket after the release of the financial update.

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