Exxon Made $6.3 Million Every Hour In 2022
ExxonMobil posted $56 billion in profits for 2022, exceeding the U.S. oil giant’s own record profit of $42.5 billion in 2008. Exxon has now rebounded from a historic low during the global pandemic, when the oil major lost $22 billion in 2020. To put Exxon’s record-breaking good year into perspective, the company made approximately $6.3 million per hour in 2022, which is a new high water mark for the Western oil industry, according to Reuters.
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