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Exxon Misses Earnings But Strengthens Position | US News
ExxonMobil posted a record $14.7 billion in Q2 profits—more than double last year’s—but missed analyst expectations, sparking renewed political chatter. Rising oil prices and volatile commodity swings complicated forecasts, while rivals Chevron and Shell outperformed. Despite the EPS miss, production hit record highs in the Permian Basin, with Guyana set to add major output soon. The company remains financially robust, paying billions in dividends, buying back stock, and reducing debt—all while riding a wave of energy market volatility. Listen in comfort:Get a discount on a Soli Pillow…
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