ExxonMobil (XOM) shares climb after topping Q1 estimates
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ExxonMobil Announces First-Quarter 2023 Results
April 28, 2023 6:30 AM EDTDelivered record first quarter earnings of $11.4 billion, demonstrating structural earnings improvements through growth of advantaged assets, mix improvements, and cost and execution efficiencies Increased oil and gas net production by nearly 300,000 oil-equivalent barrels per day versus first-quarter 2022, excluding divestments, entitlements, and Sakhalin-1 expropriation Started up the Beaumont Refinery expansion and reached full capacity of 250,000 barrels of production per day to help meet global demand Announced final investment decision for the Uaru offshore development and two new discoveries in Guyana Grew Low Carbon Solutions business with the execution of a new long-term customer contract... More
