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Exxon Mobil profit tops Street in 3rd quarter, helped by Pioneer Natural acquisition

  • Exxon Mobil's third-quarter profit reached $8.6 billion, exceeding analysts' estimates of $1.91 per share, as stated in the report.
  • The acquisition of Pioneer Natural Resources contributed positively to Exxon's results, aiding in the earnings boost during this period.
  • Exxon previously announced plans to acquire Denbury Resources for $4.9 billion to expand into carbon capture and storage operations.
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