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Exxon annual gross profit for 2024 was $84.234b, a 1.66% decline from 2023. That will enable the oil giant to return even more cash to investors, adding to its already substantial total. Find out all the key statistics for exxon mobil corporation (xom), including valuation measures, fiscal year financial statistics, trading record, share statistics and more.
Cash flow from operations was $16.0 billion, up $6.6 billion versus the second quarter. Exxon expects to become an even more profitable company by 2030 Results included unfavorable identified items of approximately $200 million associated with additional european taxes on the energy sector.
Exxonmobil's reputation may also be harmed by events which negatively affect the image of our industry as a w nts
Actual future results, including project completion dates, production rates, capital expenditures, costs, and business plans could differ materially due to, among other things, the factors discussed above and elsewhere in. In october 2023 the corporation entered into a merger agreement with pioneer natural resources company (pioneer), an independent oil and gas exploration and production company, in exchange for exxonmobil common stock The transaction is currently expected to close in the second quarter of 2024, subject to regulatory approvals.
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