An Exxon Mobil fuel station in Washington, D.C., on Nov. 28, 2023.
Al Drago | Bloomberg | Getty Photographs
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ExxonMobil on Friday posted its second highest outcomes for the second quarter up to now decade, as the corporate achieved document manufacturing in Guyana and the Permian Basin.
Here’s what Exxon reported for the second quarter in contrast with what Wall Avenue was anticipating, based mostly on a survey of analysts by LSEG:
- Earnings per share: $2.14 vs. $2.01 anticipated
Exxon posted web revenue of $9.2 billion, or $2.14 per share, as manufacturing grew by 15% or 574,000 barrels per day, pushed by document manufacturing in Guyana and the Permian.
The oil main has booked earnings $17.5 billion within the first half, a 9% decline from $19.3 billion in the identical interval in 2023 as a result of decrease refining margins and pure fuel costs.
Exxon shares have rise almost 17% for the reason that begin of 2024.
This can be a creating story. Please examine again for updates.
