EARNINGS ROUNDUP / EXXON MOBIL

Exxon Mobil Corp. posted its lowest profit in more than five years Thursday after the global recession sapped energy demand, pulling down oil and gasoline prices.

First-quarter net income fell 58% to $4.55 billion, or 92 cents a share, from $10.9 billion, or $2.02, a year earlier, the Irving, Texas, company said. Per-share profit was 3 cents lower than the average of analyst estimates compiled by Bloomberg. The profit decline was Exxon Mobil’s biggest since 2002.

Revenue tumbled 45% to $64 billion as New York oil futures traded 56% lower than a year earlier, the biggest decline on record. Waning demand for petroleum-based fuels pushed U.S. inventories of unused crude to an 18-year high.

Shares fell $1.77, or 2.6%, to $66.67.