Profits just hit historic records
The largest Western oil & gas companies reported their
biggest-ever quarterly gains, fueled by the highest energy quotes
in over a decade. Make your move, beat inflation & start trading!
Exxon
profit more than 2X
from Q2 2021
Chevron
profit more than 2X
higher than Q2 2021
Shell
profit more than 3X
higher than Q2 2021
Total Energies
profit almost 4X
higher than Q2 2021
Big Oil Companies have never had it so good
$51 billion in combined profits for Q2 2022
The largest oil company in the US reported a $17.9 billion quarterly profit, the most for any international oil major in history. That’s $2,245.62 every second.
Total, one of the seven supermajor oil companies, reported stellar results, with a record profit of $9.8 billion for the quarter.
Chevron came in second, earning $1,462.11 per second in the second quarter, for a total profit of $11.6 billion. Shares rose 9% after the earnings report was out.
Britain’s Shell posted stellar results, too, with an $11.5 billion second-quarter profit smashing the mark it set only three months before.
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The largest oil company in the US reported a $17.9 billion quarterly profit, the most for any international oil major in history. That’s $2,245.62 every second.
Chevron came in second, earning $1,462.11 per second in the second quarter, for a total profit of $11.6 billion. Shares rose 9% after the earnings report was out.
Britain’s Shell posted stellar results, too, with an $11.5 billion second-quarter profit smashing the mark it set only three months before.
Total, one of the seven supermajor oil companies, reported stellar results, with a record profit of $9.8 billion for the quarter.