Exxon Mobil reported quarterly sales of $84.97 billion
Tiger Newspress2022-02-01
Exxon Mobil reported quarterly sales of $84.97 billion. This is a 82.56 percent increase over sales of $46.54 billion the same period last year.
Expects to achieve 2025 emission-reduction plans four years ahead of schedule
Beginning in the first quarter of 2022, the company initiated share repurchases associated with the previously announced buyback program of up to $10 billion over the next 12 to 24 months.
During the fourth quarter, ExxonMobil’s board of directors approved the company’s corporate plan for 2022, with capital spending anticipated to be in the range of $21 billion to $24 billion.
Exxon Mobil shares rose 1.3% in premarket trading.
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