Exxon Profit More than Halved on Low Oil Prices

Exxon Mobil Corp (NYSE:XOM), the world's largest publicly traded oil company, on Friday reported a 52 percent slide in second-quarter profit as tumbling crude oil prices weighed on results.

Exxon, based in Irving, Texas, said its profit in the quarter was $4.2 billion, or $1.00 per share, compared with $8.8 billion or $2.05 per share.

Oil and gas output rose 3.6 percent to 4 million barrels oil equivalent per day (boed).

(Reporting by Anna Driver; Editing by Chizu Nomiyama)

!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^https:/.test(d.location)?'https':'http';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://cdn1.findthebest.com/rx/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","ftb-widgetjs");