<img src=" http://www.joplinglobeonline.com/images/zope/thursday.gif" border=0> Exxon Mobil 3Q profit drops 68 pct, production up

About $39 million given to major funds for Joplin’s storm recovery

A 4-year-old Ohio boy sent $200 he raised from selling cups of lemonade for a quarter.
A Missouri-born singer donated $130,000 from the auction of her 1959 Mercedes convertible.

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October 29, 2009

Anonymous The Joplin Globe Thu Oct 29, 2009, 07:26 AM CDT

NEW YORK (AP) — The world’s largest publicly traded oil company says third-quarter profit tumbled with crude prices, but like other big energy companies, production is bouncing back.

Exxon Mobil Corp. reported Thursday that profits from July to September dropped 68 percent to $4.73 billion, or 98 cents per share.

Exxon depends on oil and gas production for more than two-thirds of its earnings. The company’s petroleum production increased by 3 percent from the same period last year, though crude fetched an average of $50 less per barrel.

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