US-based oil firm ExxonMobil improved its earnings power by 12.2% during the second quarter of 2024, recording the second-highest second quarter earnings of the past decade, according to its financial results statement released on Friday.
The company earned around $9.2 billion in the second quarter this year, compared to $8.2 billion in the first quarter.
ExxonMobil had recorded nearly $7.8 billion in profit during the second quarter of last year.
The revenue for the April-June period reached around $93 billion, compared to $82.9 billion for the same quarter of 2023.
The company's revenue in the first half of the year amounted to $176.1 billion.
'We delivered our second-highest second quarter earnings of the past decade as we continue to improve the fundamental earnings power of the company,' said Darren Woods, chairman and chief executive officer of ExxonMobil.
By Duygu Alhan
Anadolu Agency
energy@aa.com.tr