Exxon Mobil Corp said on Thursday its quarterly profit edged up, helped by higher earnings in its chemicals business but oil and gas production fell.
First-quarter profit for the world's largest publicly traded oil company totaled $9.5 billion, or $2.12 per share, compared with $9.45 billion, or $2 per share, a year earlier.
Analysts, on average, expected the Irving, Texas, company to report a profit of $2.05 per share.
Total oil and natural gas production declined 3.5% to 4.395 million barrels oil equivalent per day from the same quarter a year ago.