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File - Seen is the Chevron Richmond Refinery in this view from Point Richmond, Calif., Tuesday, Oct. 24, 2023. The San Ramon, California, company posted a third-quarter profit of $6.53 billion, or $3.48 per share. Earnings, adjusted for pretax gains, came to $3.05 per share. (AP Photo/Eric Risberg, File)

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Exxon profit falls compared with record-setting numbers last year, but consolidation in full swing
October 29, 2023 midnight

Exxon profit falls compared with record-setting numbers last year, but consolidation in full swing

Exxon Mobil's third-quarter profit declined compared with last year when the oil giant put up record numbers as oil prices soared, but net income jumped 15% compared with the previous quarter. It also raised its quarterly dividend.