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Exxon Mobil’s third-quarter profit declined compared with last year when the oil giant put up record numbers as oil prices soared, but net income jumped 15% compared with the previous quarter.
Exxon Mobil's third-quarter profit beat analysts' expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition. Exxon earned $8.6 billion ...
In 2024, ExxonMobil earned just $4.03 billion in worldwide earnings in its energy products segment compared to $12.14 billion in 2023. Worldwide upstream earnings were higher in 2024 than in 2023 ...
ExxonMobil Corporation [a] (/ ˌ ɛ k s ɒ n ˈ m oʊ b əl / EK-son-MOH-bəl) [4] [5] [6] is an American multinational oil and gas corporation headquartered in Spring, Texas, a suburb of Houston. [7] [8]: 1 Founded as the largest direct successor of John D. Rockefeller's Standard Oil, the modern company was formed in 1999 following the merger ...
Prior to becoming CEO, Woods ran the refining and chemical divisions of the company, which delivered the majority of ExxonMobil's $7.8 billion net income in 2016. [8] At an investor meeting in New York in 2017, Woods outlined his growth plan including drilling in the Permian Basin of Texas and New Mexico and the Bakken shale formation in North ...
ExxonMobil (NYSE: XOM) is a powerhouse in the oil patch. The oil giant delivered an industry-leading financial performance last year, producing over $33 billion in earnings and $55 billion in cash ...
Feb. 5—The ExxonMobil Corp. more than doubled its 2019 earnings in 2023 and it acquired a carbon solutions company and announced plans to develop lithium for batteries in electric vehicles. In ...
Exxon Mobil Corporation (NYSE:XOM) shares are trading higher after the company reported fourth-quarter results. Total revenues and other income stood at $83.4 billion, missing the consensus of $86 ...