Exxon Mobil Q2 profit more than doubles to $14.5 billion as higher energy prices boost earnings

Sunday, August 2, 2026 - 01:12
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Exxon Mobil Q2 profit more than doubles to $14.5 billion as higher energy prices boost earnings
Exxon Mobil reported a 105% YoY increase in Q2 net profit to $14.53 billion, with revenue rising 42% to $116.02 billion. Higher oil prices and record production in the Permian Basin and diesel output contributed to strong earnings, despite market disruptions.

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