2024-08-04 07:28:00 ET
ExxonMobil (NYSE: XOM) is the 800-pound gorilla in the oil patch. The company simply dominates its peers . That was evident in its industry-leading second-quarter results.
Here's a closer look at ExxonMobil's strong second-quarter performance and why its leadership should continue.
ExxonMobil delivered industry-leading second-quarter earnings of $9.2 billion. Exxon didn't just earn more money than its peers; it crushed their tallies. Its earnings were nearly double Chevron 's ($4.7 billion) and several times more than BP 's ($2.8 billion) and ConocoPhillips ' ($2.3 billion).
For further details see:
The Numbers Speak for Themselves: ExxonMobil Is the Top Dog in the Oil Patch.