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Exxon Mobil Tops Earnings Estimates, Boosts Dividends

Exxon Mobil reported quarterly earnings and revenue that topped market expectations on Thursday, helping the company to distribute $7.6 billion worth of dividends and buybacks to shareholders.

After the earnings announcement, the company's shares climbed slightly in pre-market trading. (Click here for the latest pre-market quotes (XOM))

The company posted first-quarter earnings excluding items of $2.12 per share, up from earnings of $2.00 a share in the year-earlier period.

Analysts expected Exxon Mobil to report earnings of $2.05 a share on revenue of $11.98 billion, according to estimates from Thomson Reuters.

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