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SPRING, Texas (AP) — SPRING, Texas (AP) — Exxon Mobil Corp. (XOM) on Friday reported second-quarter profit of $7.08 billion. The Spring, Texas-based company said it had net income of $1.64 per share.

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Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter earnings by about $1.5 billion from the previous quarter's level.