Exxon Mobil Corp. said Thursday its second-quarter profit rose 49% to $15.9 billion, or $3.41 a share, from $10.68 billion, or $2.18 a share, in the year-ago period
Excluding a gain of $7.5 billion for divestments and tax-related items, Exxon earned $8.4 billion in the second quarter
Oil-equivalent production remained about flat, after excluding the impact of entitlement volumes, divestments and quota effects by the Organization of the Petroleum Exporting Countries
Total revenue rose to $127.36 billion from $125.49 billion
Capital spending fell 9% to $9.33 billion
Wall Street analysts expected Exxon to earn $1.96 a share, according to a survey by FactSet Research
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