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Exxon Profit Surge Amid Market Volatility | Raleigh News
ExxonMobil’s Q2 earnings forecast is looking strong, with projected profits soaring thanks to higher crude prices and improved refining margins—but geopolitical disruptions in the Middle East could dent those gains. The company’s CEO highlights strategic financial moves, like unwinding derivative contracts, that help balance the books. While the energy sector as a whole is seeing massive earnings upgrades, stock prices have dipped since March, leaving analysts split on where Exxon’s shares are headed. Full results drop July 31st. Listen in comfort:Get a discount on a Soli Pillow…
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