Increased production drives Q3 profits beyond expectations! ExxonMobil (XOM.US) persists in expanding its route with record high production in Guyana and the Permian Basin.
According to the Securities Times APP, on Friday, Exxon Mobil (XOM.US) announced better-than-expected third-quarter earnings. This performance was mainly due to the increase in oil and gas production in Guyana and the Permian Basin, offsetting the impact of falling oil prices.
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