ExxonMobil is looking to report better-than-expected profits for the third quarter, lifted by stronger natural gas prices.

drilling rig

The Irving, TX-based supermajor previewed the quarterly results In a Securities and Exchange Commission Form 8-K filing. The filing provides a “perspective regarding market and planned factors affecting 3Q2022,” relative to sequential results, the company said. “These factors are generally limited to market dynamics, seasonal patterns and planned activities.” 

Details for the quarterly results were sparse, but energy analysts said the numbers suggested strong upside, driven by global natural gas prices. ExxonMobil’s profits jumped in 2Q2022 because of strong oil and gas prices, with net profits of $17.9 billion and Upstream earnings of $11.4...