Big Oil Companies Report Record Profits Amid High Oil Prices
Earnings·2 articles across 2 outlets
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Chevron reported its highest quarterly earnings ever. Shell had its second-biggest quarter, and ExxonMobil doubled its earnings compared with the same time last year.
Big oil companies are benefiting from high oil prices, with Chevron, Shell, and ExxonMobil all reporting significant increases in profits due to wartime crude prices.
ChevronShellExxonMobil
Sources
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“Big Oil Companies Report Record Profits Amid High Oil Prices”
Yahoo Finance — Big Oil Companies Report Record Profits Amid High Oil Prices“Chevron reported its highest quarterly earnings ever.”
npr — Oil companies report sky-high profits thanks to wartime crude prices