ExxonMobil (XOM) tops Q2 earnings, revenue expectations
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ExxonMobil Announces Second-Quarter 2024 Results
August 2, 2024 6:30 AM EDTDelivered industry-leading second-quarter earnings of $9.2 billion1, showcasing the differentiated strengths of ExxonMobil's portfolio and its improved earnings power The Pioneer merger, which closed five months faster than similar transactions and fundamentally transforms the Upstream portfolio, contributed $0.5 billion to earnings in the first two months post-closing2 with record production, and integration and synergy benefits are exceeding expectations Also achieved record production in Guyana and heritage Permian; Upstream total net production grew 15%, or 574,000 oil-equivalent barrels per day, from the first quarter Expanded the... More
