SHARE THIS ARTICLE

Exxon Mobil Corp  said on Thursday soaring oil prices pushed its second-quarter earnings up 14 percent, again breaking its own record for the highest-ever profit by a U.S. company.

Net income in the quarter rose to $11.68 billion, or $2.22 a share, from $10.26 billion, or $1.83 a share, last year.

Exxon both produces oil and refines it to make gasoline, and profit margins for gasoline were weak during the quarter, holding back earnings slightly.



Read Article


Exxon Rakes In $11.68 Billion Profit In Second Quarter!

About the Author

Agent009