US EditionExxon’s Company Here Made $1.2t Pre Tax Last Year
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Another ‘successful’ year - Guyana Chronicle
ExxonMobil paid $537B into NRF as profits near $1T OIL giant ExxonMobil Guyana Limited (EMGL) has released its 2024 financial results showing a massive profit of almost GY$1 trillion after tax, which represents the highest annual profit declared since oil production began several years ago. According to the company’s audited financial statements for the year […]
Exxon’s company here made $1.2t pre tax last year
Guyana’s budget was $1.1t ExxonMobil Guyana Limited (EMGL), a subsidiary of US oil giant, ExxonMobil, yesterday released its 2024 financials which showed that the company generated a staggering $1.73 trillion in revenue for the period, of which some $1.2 trillion was recorded as operating profit before tax. The article Exxon’s company here made $1.2t pre tax last year appeared first on Stabroek News.
ExxonMobil Guyana Limited (EMGL), which operates the large oil field Block Stabroek, has announced that it earned $4.7 billion in 2024, compared to $2.9 billion in 2023, which shows the boom of the energy sector in the South American country. EMGL recorded in its State of Results of 2024 a decrease in exploration costs compared to the previous year ($108 million compared to 263), but higher production costs. The latter, which rose from $195 mill…
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