“Exxon Mobil Stock Surges On Update For Strong Q3”
October 6, 2022
“Exxon Mobil (XOM) stock surged Wednesday after it signaled natural gas prices would support already strong third-quarter expectations. Despite steep growth estimates, the energy giant projects it will not match its record profits from Q2 as oil prices have retreated along with refining and chemical segment profits.
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Exxon reported its operating profit could come in at around $11 billion in the third quarter, according to federal filings made late Tuesday. That would be up sharply from $6.7 billion a year earlier, but a significant drop from the record $17.6 billion in operating profit from Q2…”
https://finance.yahoo.com/m/91d28afb-5ebb-3c5a-bc3f-8a53bf08952d/exxon-mobil-stock-surges-on.html
I sold my Exxon stock. I’m wondering if I sold it to soon. Oh well I made a good profit so I’m not upset about it.