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HOUSTON — Exxon Mobil Corp.’s second- quarter profit jumped 41 percent on rising production, high oil prices and improved refining margins, as the Texas oil giant greatly ramped up its investment in the U.S. oil patch.
Exxon on Thursday reported a net profit of $10.68 billion, or $2.18 a share, up from $7.56 billion, or $1.60 a share, a year earlier. Revenue climbed 36 percent to $125.49 billion. The company missed analysts’ earnings expectations of $2.33 a share.
