In a year when households worldwide faced rising energy prices and high costs of consumer goods, Exxon Mobil saw record annual profits in 2022. According to yearly earnings released Tuesday ...

Exxon's results far exceeded the then-record $45.2 billion net profit it reported in 2008, when oil hit $142 per barrel, 30% above last year's average price. Deep cost cuts during the pandemic helped ...

Exxon said adjusted earnings for the three months ending in ... The deep cost cuts, in fact, go a long way to explaining Exxon's record 2022 profits, which totaled $59.1 billion prior to the ...

After starting the day lower following its fourth-quarter earnings, ExxonMobil (NYSE:XOM) shares gained momentum as trading continued after posting one of corporate America's biggest-ever annual ...

NEW YORK (AP) — Exxon Mobil posted record annual profits in 2022 as Americans struggled with high prices for gasoline, home heating and consumer goods. The oil giant brought in $12.75 billion in ...

Exxon Mobil Corp is expected to sell operations of an oil field off the coast of California, in which it is estimated to lose $2 billion in the transaction to Sable Offshore. A conservative group ...

It has been about a month since the last earnings report for Exxon Mobil (XOM). Shares have lost about 3.4% in that time frame, outperforming the S&P 500. Will the recent negative trend continue ...

It's a critical moment. ExxonMobil wants to restart offshore drilling in the Santa Barbara Channel, putting the California coastline at great risk of another massive oil spill. We’re not going to let ...

It describes how Exxon conducted cutting-edge climate research decades ago and then pivoted to work at the forefront of climate denial, manufacturing doubt about the scientific consensus that its ...