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High gas prices help serve up steep profits for California's Chevron, other oil giants

Por: Los Angeles Times Business October 29, 2022

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Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil broke records with its profits in the third quarter, raking in $19.66 billion in net income. The Irving, Texas, company said Friday that it booked $112.07 billion in quarterly revenue, more than double the revenue it received last year during the same period. Chevron had $11.23 billion in profits, almost reaching... + full article



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