Exxon Sees Record Profits for Any U.S. Co.

By STEVE QUINN
AP Business Writer

DALLAS — Exxon Mobil Corp. posted record profits for any U.S. company on Monday — $10.71 billion for the fourth quarter and $36.13 billion for the year — as the world's biggest publicly traded oil company benefited from high oil and natural-gas prices and solid demand for refined products.

The results exceeded Wall Street expectations and Exxon shares rose more than 3 percent in afternoon trading.

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