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Benzinga

Business

Tyler Bundy

Exxon Mobil Continues To Rip Higher: What's Going On?

Exxon Mobil Exxon Exxon Mobil Corp. NYSE

Exxon Mobil Corp. (NYSE:XOM) shares are trading higher Tuesday after the company reported better-than-expected fourth-quarter EPS results. The company reported $2.08 earnings per share, beating the $1.89 estimate. Sales came in at $84.97 billion, missing the $91.28 billion estimate. The company also initiated a $10 billion buyback.

Exxon Mobil was up 5.2% at $79.96 at publication time.

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