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Exxon Mobil (XOM) Stock Gains Momentum, Q1 Results Beat Forecasts

NEW YORK (TheStreet) -- Exxon Mobil (XOM - Get Report) shares are advancing 0.48% to $88.56 in Friday's pre-market trading session immediately after the energy giant reported robust 2016 first quarter financial results earlier today.

Earnings came in at 43 cents a share, handily beating Wall Street's estimates for 31 cents a share.

Revenue of $48.71 billion also topped forecasts of $48.14 billion.

A year ago, the company earned $1.17 a share on revenue of $67.62 billion.

While results were dampened by lower...


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