Published 1 year ago

Oil companies rake in record profits amid high energy prices

Summary by Ground News

Exxon Mobil booked $112.07 billion in quarterly revenue, more than double the revenue it received last year during the same period. Chevron had $11.23 billion in profits, almost reaching the record profits it attained last quarter. California Gov. Gavin Newsom took to Twitter again Friday to rip energy company profits.

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Associated Press News

Oil giants rake in record profits amid high energy prices

Oil companies brought in record profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil broke records with its profits in the third quarter, raking in $19.66 billion in net income.

1 year ago·United States

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abc News

Oil giants rake in steep profits amid high energy prices

Oil companies brought in staggering profits once again as consumers worldwide struggled with high gasoline and energy prices

1 year ago·United States

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CNN

ExxonMobil posts another record profit as oil prices remain high

America's largest oil company ExxonMobil set a profit record for the second-straight quarter as oil and gas prices remained high. No. 2 US oil company Chevron also posted much-better-than-expected results.

1 year ago·Atlanta, United States

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Washington Times

Oil giant Exxon rakes in a record $19.66B in profits

Exxon Mobil broke records again with its profits in the third quarter, raking in $19.66 billion in net income.

1 year ago·United States

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KRDO

ExxonMobil posts another record profit as oil prices remain high

By Chris Isidore, CNN BusinessAmerica’s largest oil company ExxonMobil set a profit record for the second-straight quarter as oil and gas prices remained high. No. 2 US oil company Chevron also posted much-better-than-expected results.ExxonMobil earned $18.7 billion, excluding special items, up 6% from the second quarter results which had been the record and up 177% from a year ago. Earnings per share of $4.45 soared past the $3.79 forecast by a…

1 year ago·Colorado Springs, United States

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