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Exxon signals operating profits could double over the first quarter

The Straits Times LogoThe Straits Times1 mo ago

Exxon signals operating profits could double over the first quarter

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July 03, 2022 5:58 PM - HOUSTON (REUTERS) - Exxon Mobil Corp on Friday signaled skyrocketing margins from fuel and crude sales could generate a record quarterly profit, according to a securities filing.

Official results for the period will be released on July 29, according to a summary of factors influencing the period disclosed late Friday.Exxon's profits led U.S.

The company's peak quarterly profit was US$15.9 billion in 2012.


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Article Details

Category: Economy

Topics: First Filing Profit Margins Prices Profits Billion Quarter Quarterly Exxon Energy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-03, 17:58:29

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Reading Time: 4 minutes read

Article Length: 541 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 27206

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About The Straits Times

The Straits Times Logo

Main Topics: Economy

Official Website: straitstimes.com

Update Frequency: 16 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 1h ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #25

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