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Exxon Mobil second-quarter profit rises on Pioneer acquisition and surging production

Exxon Mobil’s second-quarter profit rose and was its second-highest for the period of the past decade as it achieved record quarterly production from its Permian and Guyana assets.

By: The Associated Press

Aug 03 2024
31
4680 Views

Exxon Mobil second-quarter profit rises on Pioneer acquisition and surging production — Exxon Mobil second-quarter pro

Exxon Mobil recorded one of its largest second-quarter profits in a decade on surging quarterly production from oil and gas fields in Guyana and the Permian basin in the U.S., as well its $60 billion acquisition of Pioneer Natural Resources. The Texa... [2545 chars]

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