Co says when Strait reopens, 2 damaged Qatar LNG trains to stay offline, representing about 100 thousand oil-equivalent barrels
Q2 profit was more than double the amount posted by the largest U.S. producer in the same period of last year
Exxon's total production was 4.5 million barrels of oil equivalent per day in the second quarter, down from 4.6 million boepd in the first three months of the year
As of last close, XOM up 30.44% YTD
Shares fall after profit miss
Shares of oil major ExxonMobil XOM.N down 3.17% to $152 premarket
Co misses Q2 profit despite notching its biggest quarterly profit in four years amid higher oil prices and improved refining margins driven by the ongoing U.S.-Israeli war with Iran
Adjusted earnings rose 67% from Q1 to $14.7 billion, or $3.52 per share, and below the consensus analyst estimates compiled by LSEG of $3.60 per share
XOM•
