Reported 2 months ago
Despite a drop in oil prices, ExxonMobil reported second quarter earnings that exceeded Wall Street expectations. CFO Kathryn Mikells highlighted the company's enhanced earnings power and long-term resilience, driven by strategic investments and operational efficiencies. With projected energy demand increasing significantly by 2024, the company anticipates growth in its refining sector, underscoring the importance of reliable energy for economic development.
Source: YAHOO