Exxon Mobil: Earnings May Be Down But Oil Price-Adjusted ROCE Is Highest In 15 Years (XOM)



Exxon Mobil (NYSE:XOM) posted Q2 earnings that are down sequentially and year-on-year:

The bearish thesis is that the 2022 results were an anomaly sparked off by the geopolitical worries. As oil prices have receded from the

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