Exxon Mobil is the US Oil and Gas energy giant. It is American’s largest energy company.
Last week it announced some amazing revenues
Salient Points:-
Second-quarter earnings of $17.9 billion compared with $5.5 billion in the first quarter of 2022. Cash increased by $7.8 billion in the second quarter, as strong cash flow from operating activities more than covered capital investments and shareholder distributions.
The annual report for 2021 carries some very interesting figure.
Total debt of $ = $47,704 million = £39,248 million
Cost of financing (interest payments) the debt = $1,355 million = £1,114 million