The modern world cannot survive and thrive without a productive petroleum industry
Exxon Mobil (Exxon) is expected unveil another quarter of monster profits powered by high natural gas prices next week.
It is currently on track for a record annual profit of $54.8bn thus year, according to IBES Refinitiv, which would be more than its cumulative earnings since 2018.
The company’s shares have surged to record highs this week, and are up more than 70 per cent to date this year – vastly outperforming market gains from rivals Shell, BP and Chevron.
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