$XOM reported 50% jump in its 3Q17 earnings, despite the impact of Hurricane Harvey that had led to the temporary closure of a few Gulf coast facilities. Earnings rose to $3.9Bil, or $0.93 per share, from $2.7Bil, or $0.63 per share during 3Q16. This increase was due to improved commodity prices. Revenue jumped 13% to $66.1Bil $XOM Exxon Mobil Corporation Earnings AlphaGraphics: Q3 2017 Highlights http://alph.st/b1cfce66
The price of oil has been doing a little better of late which will also helped short term sentiment and medium term profits. Check out the graph here:- http://www.nasdaq.com/markets/crude-oil.aspx
