Exxon raked in over $12 billion in profits to raise its annual net income to a staggering $55.7 billion.
Exxon Mobil
Much of the nation's refining capacity taken offline during the pandemic has yet to return, Woods said during a conference call with investors, which drove refining margins higher."We’ve continued to strengthen our industry-leading portfolio and increased production from high-return, advantaged assets in Guyana and the Permian, at a time when the world needed it most," Woods said.
Since Russia invaded Ukraine, Russia’s decreased its supply of natural gas to Europe, which resulted in higher prices of natural gas and its liquid counterpart, LNG, on the global market. The European Union imposed a windfall tax on energy companies last fall, and Exxon filed a lawsuit challenging the tax in December.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Spotify Wrapped 2022 With 205 Million Subscribers and Over $12 Billion in RevenueSpotify ended 2022 with 205 million subscribers, annual revenue of $12.4 billion and an acknowledgement that and an acknowledgment that “things change” regarding the company’s investment in podcasting and its recent “tightening” of spending.
Baca lebih lajut »
Even Kim Kardashian loves these $12 makeup remover wipesThe drugstore beauty buy has a 5-star Amazon rating — and recommendations from Ariana Grande, Khloé Kardashian and Lucy Hale.
Baca lebih lajut »
Exxon smashes Western oil majors' earnings record with $56 billion profit for 2022Exxon Mobil Corp posted a $56 billion profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry.
Baca lebih lajut »
Exxon profits at record high in 2022 as energy prices soaredExxon Mobil posted record annual profits for 2022, as Americans struggled with high prices for gasoline, home heating and consumer goods.
Baca lebih lajut »
Is the cannabis gold rush over? Moves by Curaleaf, Ayr, Akerna and other companies point to tough times.Ayr scraps $55 million Chicago deal, Curaleaf cuts staff, Organigram receives delisting notice and Akerna moves out of the pot business altogether.
Baca lebih lajut »
Kate Spade 24-Hour Flash Deal: Get a $230 Wallet for Just $55 - E! OnlineKate Spade 24-Hour Flash Deal: Get a $230 Wallet for Just $55
Baca lebih lajut »