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Oil giant Exxon rakes in a record $19.66B in profits

October 28, 2022

Via: ABC News
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Oil companies brought in record 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. The Irving, Texas company said Friday that it booked $112.07 billion in quarterly revenue, more than double the revenue it received last year during the same period.

Chevron had a record $11.23 billion in profits, and the San Ramon, California, company brought in $66.64 billion in revenues.

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