ExxonMobil: posts $17.9bn profit

(CercleFinance.com) - Exxon Mobil today reported earnings of 17.
9 billion dollars and cash flow from operations of 20 billion dollars for Q2 2022, or 4.21 dollars per diluted share.

Capital and exploration spending was 4.6 billion dollars in Q2 and 9.5 billion dollars for H1 2022.

Management said that the key to its success is continued investment in certain aspects of its portfolio, including Guyana, the Permian, global LNG, and its high value products.


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