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Share Facebook connection opens in a completely new window Twitter connection opens in a different window Linkedin backlink opens in a whole new window one E-mail connection opens in a brand new window copy to clipboard close Print ExxonMobil announces second-quarter 2023 results
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Compared to exactly the same quarter previous 12 months, earnings amplified by $254 million. Much better concluded lubes and basestock margins were being partly offset by lessen sales volumes.
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Normal sector commodity cost natural environment comparisons may not be a complete match for particular person segments.
The arrangement with Nucor would be the third CCS agreement declared in past times twelve months and delivers the entire contracted CO2 to move and retail outlet for third-celebration customers to five million metric tons annually.
The Baytown chemical growth job, which will incorporate 750 kta of general performance chemical substances generation, attained mechanical completion in the 2nd quarter, using a phased get started-up expected inside the third quarter this yr.
In comparison to exactly the same quarter last calendar year, Internet fees improved $220 million. Unfavorable tax products and foreign exchange impacts were being partly offset by lessen financing fees.
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“The function we have been performing to further improve our underlying profitability is mirrored inside our 2nd-quarter results, which doubled from what we acquired in a equivalent business commodity rate environment4 just five years in the past,” said Darren Woods, chairman and chief government officer.