3q2022 earnings

Natural Gas, LNG Lead ExxonMobil to Record 3Q2022 Profits

Natural Gas, LNG Lead ExxonMobil to Record 3Q2022 Profits

Strong demand for natural gas, combined with soaring realizations, helped drive record breaking profits for ExxonMobil in the third quarter.  Natural gas realizations jumped 22% because of European supply concerns and efforts to build inventory ahead of winter. That more than offset decreasing crude realizations, which fell 12% on modest supply increases.  The “strong gas…

November 1, 2022