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Benzinga
Benzinga
Business
Akanksha Bakshi

Exxon Mobil Hits Record Production, CEO Reaffirms Hunt For Value-Driven Deals

Trinidad,,Co,,Usa,-,May,19,,2024:,Exxon,Gasoline,Station

Exxon Mobil Corporation (NYSE:XOM) announced on Friday its second-quarter 2025 earnings of $7.1 billion, or $1.64 per share, exceeding analyst estimates of $1.47. The company’s total revenues of $81.51 billion also surpassed the consensus forecast of $79.34 billion.

Operational performance was a key highlight, with the company achieving its highest second-quarter Upstream production since the Exxon-Mobil merger more than 25 years ago.

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