Exxon Mobil reported $5.48bn in profits during the first quarter as oil and gas prices rose steadily, more than doubling its profits compared with the same quarter last year.But the oil giant took a huge hit as it abandoned its Russian operations due to the war, writing down $3.4bn.Including that loss, the oil giant reported profits of $1.28 per share on Friday, which was well below expectations of analysts polled by Factset, who were looking for $2.23 per share.
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