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The quarter boosted yearly takings to $US21.5 billion, up 88% from 2002 and almost $US4 billion more than its previous record in 2000.
The massive gains have been attributed to the consistently high crude prices during the year, higher chemical earnings, solid results from refining along with $US2.23 billion from a tax dispute settlement.
Overall oil and gas production for the year actually fell about one percent as natural field decline offset new developments. Production averaged around 4.2 million barrels per day.
"Liquids volumes increased 4% in the quarter due to production from new projects in West Africa and Norway. On an oil equivalent basis production was down 1% with contributions from new projects more than offset by the natural field decline of both oil and gas," said Exxon Mobil chairman Lee Raymond.
"Plans for long-term capacity increases remain on track as reflected by strong liquids volume growth in the fourth quarter and higher capital spending, which for the year is up over 15%."
