US oil companies ExxonMobil and Chevron announced this Friday that they ended the third quarter with strong increases in profits, which in the case of the former reached $19,660 million.
Between July and September, ExxonMobil's net income was almost three times more than a year ago, according to a statement.
Chevron's third-quarter profit increased to $11,231 million, up $83.81TP2Q from the same period in 2021.
ExxonMobil's turnover grew 51.91TP2Q to $112,070 million, while Chevron's revenues increased 491TP2Q to $66,644 million.
"The investments we have made, even during the pandemic, have allowed us to increase production to meet consumer needs," said Darren Woods, president of ExxonMobil, quoted by Lusa.
For his part, Mike Wirth, who leads Chevron, called it a "solid financial performance" in the quarter as the company is increasing investments and energy supplies.
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