ExxonMobil (XOM) Tops Q2 EPS by 13c

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Go back to ExxonMobil (XOM) Tops Q2 EPS by 13c

ExxonMobil Earns $4.7 Billion in Second Quarter 2021

July 30, 2021 7:30 AM EDT

Earnings increased $5.8 billion over the second quarter of 2020, driven by oil and natural gas demand and best-ever quarterly chemical and lubricants contributions Cash flow from operating activities of $9.7 billion funded the dividend, capital investments and debt reduction Low Carbon Solutions business advanced multiple CCS opportunities and low-emission fuels initiatives Portfolio improvement activities included signing an agreement for the $1.15 billion fourth-quarter sale of the SantopreneTM chemical business, affirmative funding decision for the Bacalhau development in Brazil, and additional exploration success in Guyana

IRVING, Texas--(BUSINESS... More