Sky-High Gas Prices Handed Exxon a Record $6 Million in Profit Per Hour in 2022

Exxon hoarded $56 billion in profits last year, crushing the previous record for profits set by a western oil company.

Riding on the wave of sky-high gas prices and industry-wide price hikes, oil giant Exxon was handed the highest profits ever reported by a western oil company in 2022, its latest financial report reveals. The company reported on Tuesday that it made a net profit of $55.7 billion in 2022, roughly 2.5 times its 2021 profits of $23.6 billion. This represents $6.3 million in profits per hour on…

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Sharon Zhang | radiofree.asia (2024-05-18T11:00:51+00:00) » Sky-High Gas Prices Handed Exxon a Record $6 Million in Profit Per Hour in 2022. Retrieved from https://radiofree.asia/2023/01/31/sky-high-gas-prices-handed-exxon-a-record-6-million-in-profit-per-hour-in-2022/.
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" » Sky-High Gas Prices Handed Exxon a Record $6 Million in Profit Per Hour in 2022." Sharon Zhang | radiofree.asia - Tuesday January 31, 2023, https://radiofree.asia/2023/01/31/sky-high-gas-prices-handed-exxon-a-record-6-million-in-profit-per-hour-in-2022/
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Sharon Zhang | radiofree.asia Tuesday January 31, 2023 » Sky-High Gas Prices Handed Exxon a Record $6 Million in Profit Per Hour in 2022., viewed 2024-05-18T11:00:51+00:00,<https://radiofree.asia/2023/01/31/sky-high-gas-prices-handed-exxon-a-record-6-million-in-profit-per-hour-in-2022/>
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Sharon Zhang | radiofree.asia - » Sky-High Gas Prices Handed Exxon a Record $6 Million in Profit Per Hour in 2022. [Internet]. [Accessed 2024-05-18T11:00:51+00:00]. Available from: https://radiofree.asia/2023/01/31/sky-high-gas-prices-handed-exxon-a-record-6-million-in-profit-per-hour-in-2022/
CHICAGO
" » Sky-High Gas Prices Handed Exxon a Record $6 Million in Profit Per Hour in 2022." Sharon Zhang | radiofree.asia - Accessed 2024-05-18T11:00:51+00:00. https://radiofree.asia/2023/01/31/sky-high-gas-prices-handed-exxon-a-record-6-million-in-profit-per-hour-in-2022/
IEEE
" » Sky-High Gas Prices Handed Exxon a Record $6 Million in Profit Per Hour in 2022." Sharon Zhang | radiofree.asia [Online]. Available: https://radiofree.asia/2023/01/31/sky-high-gas-prices-handed-exxon-a-record-6-million-in-profit-per-hour-in-2022/. [Accessed: 2024-05-18T11:00:51+00:00]
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» Sky-High Gas Prices Handed Exxon a Record $6 Million in Profit Per Hour in 2022 | Sharon Zhang | radiofree.asia | https://radiofree.asia/2023/01/31/sky-high-gas-prices-handed-exxon-a-record-6-million-in-profit-per-hour-in-2022/ | 2024-05-18T11:00:51+00:00
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