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Gold/Mining/Energy : XON - Exxon Corp. -- Ignore unavailable to you. Want to Upgrade?

To: raven who wrote (167)	4/21/1998 1:33:00 PM
From: Scott Hinman	Read Replies (1) \| Respond to of 242

IRVING, Texas, April 21 /PRNewswire/ -- Exxon Corporation (NYSE: XON - news) today reported first quarter 1998 net income of $1,890 million, down 13% from $2,175 million in the first quarter 1997. On a per share basis, net income was $0.77 in the first quarter of 1998 compared to $0.87 in the prior year's quarter. Revenue for the first quarter of 1998 totaled $30,228 million compared to $35,203 million in the first quarter 1997. Capital and exploration expenditures were $2,023 million in the first quarter 1998 compared to $1,790 million in last year's first quarter. --------------------------------------- Hi all, They not only crushed the First Call estimate of 66 cents a share, but even beat the "whisper number" of 71 cents. All in all a great report showing that Exxon is still going full speed ahead! At $73.00 and rising, I'm glad I've held on to the stock. Scott