The company is aiming to double its capacity to 40 million ... This approach is informed by the higher profit margins ExxonMobil perceives in handling its production and sales, as opposed to ...

The energy sector is the lifeblood of the economy, keeping the wheels of commerce turning. Given the lackluster performance ...

Performance, in a word, was stellar. ExxonMobil reported a net profit of $5.5 billion, more than doubling its earnings from the year-ago period. Shell notched its strongest quarterly profit ever ...

The company's chemical products segment saw profits more than double to $785 million compared with $371 million in the same quarter last year. Exxon is currently locked in a dispute with Chevron ...

its profits roared back in 2022. They've remained strong in 2024, a trend Exxon expects to continue. It's aiming to more than double its earnings potential by 2027 compared to its 2019 level.

Exxon Mobil's profit in the fourth quarter of 2024 decreased to $7.6 billion, or $1.7 per share, compared to the same period in 2023. Revenue decreased to $83.4 billion. This is stated in the ...

It's almost expected now that each quarter Exxon Mobil will produce a new record profit. Last quarter, though, as the largest publicly traded oil company in the world saw its profits decline by 27 ...

ExxonMobil operates in the upstream ... On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop.

The European Union windfall tax gives the bloc the authority to place a 33% levy on energy company profits for 2022. Exxon spokesperson Casey Norton was quoted as saying on Wednesday that Exxon ...