Published 2 years ago

Exxon posts record-breaking second-quarter profit

Summary by Ground News

Exxon's profit, excluding special items, came to $17.6 billion in the second quarter, nearly double what it made in its very profitable first quarter. Chevron's profit was up 74% from the first quarter and 247% from a year ago. Between them the two oil giants earned more than $400,000 between them in the time it took you to fill your tank.

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The Independent

ExxonMobil and Chevron’s profits leap amid record gas prices

ExxonMobil and Chevron have reported a massive leap in profits as Americans struggle with record high gas prices at the pump.

2 years ago·London, United Kingdom

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Reuters

Exxon posts record-breaking second-quarter profit

By Sabrina Valle HOUSTON - Exxon Mobil Corp on Friday posted its biggest quarterly profit ever on the back of soaring energy prices and as it kept a tight rein on spending. The top U.S. oil producer reported second-quarter net income of $17.9 billion, or $4.21 per share, an almost four-fold increase over the $4.69 billion, or $1.10 per share, it earned in the same period last year.

2 years ago·United Kingdom

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Associated Press News

Unprecedented profit for major oil drillers as prices soared

NEW YORK (AP) — Oil companies swam in record profits over the last few months at a time when Americans struggled to pay for gasoline, food and other basic necessities.

2 years ago·United States

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abc News

Exxon profits soar along with the cost of crude

Exxon Mobil was swimming in profits the last few months, reporting Friday that it brought in a record $17.85 in net income during the second quarter, a period in which Americans struggled with painfully high prices at the pump

2 years ago·United States

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CNN

$2,245.62 a second: ExxonMobil scores enormous profit on record gas prices

ExxonMobil and Chevron both reported record massive profits thanks to record gasoline prices during the quarter.

2 years ago·Atlanta, United States

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KRDO

Unprecedented profit for major oil drillers as prices soared

By CATHY BUSSEWITZ AP Energy WriterNEW YORK (AP) — Exxon Mobil was swimming in profits the last few months, reporting Friday that it brought in a record $17.85 in net income during the second quarter, a period in which Americans struggled with painfully high prices at the pump. The Irving, Texas, company increased oil and gas production as crude prices hovered above $100 a barrel. The company said Friday that revenue skyrocketed to $115.68 billi…

2 years ago·Colorado Springs, United States

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