Exxon smashes Western oil majors’ earnings record with $56 billion profit for 2022

Baton Rouge, Louisiana, USA - February 13, 2022: ExxonMobil's Baton Rouge Refinery, Louisiana, USA. ExxonMobil, is an American multinational oil and gas corporation.

Yahoo Finance – Bloomberg

By Sabrina Valle

Tue, January 31, 2023 at 6:32 AM EST

HOUSTON (Reuters) – Exxon Mobil Corp posted a $56 billion profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry.

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