Oil giants rake in steep profits amid high energy prices
Headline from KVIA El Paso
By CATHY BUSSEWITZ AP Energy Writer Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil broke records with its profits in the third quarter, raking in $19.66 billion in net income.
KVIA El Paso's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Exxon Mobil Corp reported record-breaking net profit on Friday at $19.66 billion, or $4.68 per share, assuming dilution—smashing analyst estimates for the quarter
By CATHY BUSSEWITZ AP Energy Writer Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil broke records with its profits in the third quarter, raking in $19.66 billion in net income.
Exxon posted earnings of $19.66 billion in just three months. Good work if you can get it and aren’t bothered by a pesky conscience, patriotism or a care for global democracy.
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Oil giants rake in steep profits amid high energy prices | Since Then