Exxon Mobil (NYSE:XOM) reported quarterly earnings of $1.76 per share which missed the analyst consensus estimate of $1.82 by 3.46 percent. This is a 8.33 percent decrease over earnings of $1.92 per share from the same period last year.

Exxon shares dipped 1% in premarket.

The company reported quarterly sales of $85.294 billion which missed the analyst consensus estimate of $87.707 billion by 2.75 percent. This is a 5.25 percent decrease over sales of $90.016 billion the same period last year.