EnergyWatch

Exxon books highest earnings in two years

US oil major ExxonMobil has come through the pandemic and seen demand soaring once again.

Photo: Matt Slocum/AP

US oil supermajor ExxonMobil felt demand increase in the second quarter as society reopened following the coronavirus pandemic.

This resulted in the company's highest quarterly earnings in two years, with adjusted earnings per share coming to USD 1.1. Analysts had expected USD 0.97 per share, according to consensus estimates gathered by Bloomberg News.

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