ExxonMobil ( NYSE:XOM ) reported on Friday an 18-percent annual increase in earnings per share for the second quarter, but missed—yet again—analyst expectations, and reported its lowest production in a decade. Exxon said on Friday that its second-quarter earnings rose to US$4 billion, or US$0.92 per share assuming dilution, up from US$3.4 billion for Q2 2017. Although earnings per common share rose by 18 percent from a year ago, they fell short of the analyst consensus of the Wall Street Journal for US$1.27 earnings per share . Compared to the first quarter, Exxon’s earnings per share in Q2 were down by 16 percent. Following the results announcement, Exxon’s shares were down 4 percent in pre-market trade on the NYSE, and after the market opened, shares slipped 2.86 percent at 9:35 AM EDT. Investors and analysts were disappointed not only by the earnings miss, but also by the lack of […]