Major Oil Companies Report Strong Q2 Earnings, ExxonMobil Posts $14.7 Billion Profit
Hyperdash NewsEquitiesFive major Western oil companies are on track to report approximately $44 billion in Q2 2026 earnings, marking the third-largest quarterly total on record. ExxonMobil posted $14.7 billion in profit, its strongest quarter since Q3 2022. Chevron reported a record $12.1 billion profit, while Shell saw $9.8 billion in profit, its second-largest ever. These results reflect substantial gains amid the ongoing Iran War.
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