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Actionable news in XOM: EXXON MOBIL CORPORATION,

ExxonMobil earnings badly miss expectations as profits sink 59%

ExxonMobil reported reported its quarterly profit fell nearly 60 percent from a year ago as commodity prices remained low and its refining margins were weak.

The world's largest publicly traded integrated oil company earned an adjusted 41 cents per share in the second quarter, compared with $1 per share, in the year ago period.

Analysts polled by Thomson Reuters had expected earnings per share of 64 cents.

The stock was lower in premarket trading (See what shares are doing now.)

"While our...


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