Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic
No Result
View All Result
Thndr Claps

Thndr Claps » U.S. Claps » Energy 🔋 » Exxon to the moon 🛢

Exxon to the moon 🛢

by Omar El Shorafa
October 29, 2022
Exxon Mobil, Claps, Earnings

The Clap
Exxon Mobil (NYSE: XOM) recorded sky-high profits in Q3 2022. 

The Deets
Exxon recorded a whopping $19.66 billion profit during Q3, as oil companies received a major boost from rising oil prices.

Profit Jump
Exxon benefited greatly from rising demand for energy matched with low supply due to the Russia-Ukraine war. 

The war allowed US exports of oil to Europe to rise, driving the industry towards huge profits.

Exxon’s investments paid off when they took the decision to double down on oil when prices were low. Exxon leapfrogged other major oil companies, recording record gains during the quarter.

So What
Exxon’s stock rose around 2.7% following the news.

Now What
Exxon will continue its $30 billion share buyback program and increase dividends during 2023 on the back of a profitable quarter.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

Claps, NYSE
NYSE 🔔

NYSE glitch halts trading on dozens of stocks 🚨

by Omar El Shorafa
January 25, 2023
Claps, Automotive
Automotive 🚗

GM sets aside battery cell plant 🔋

by Omar El Shorafa
January 23, 2023
Claps, Tech, Energy
Energy 🔋

GM, Ford, & Google set eyes on virtual power plants project 🤝

by Omar El Shorafa
January 11, 2023
Claps, Tech, NYSE
NYSE 🔔

Salesforce co-founder warns of more job cuts ✂️

by Omar El Shorafa
January 10, 2023
ANF, Claps, Retail
Retail 👕

Abercrombie & Fitch hikes forecast following holiday season 👕

by Omar El Shorafa
January 10, 2023
Claps, NYSE, Financial Services
Financial Services 💸

Goldman Sachs preparing for job cuts 🏦

by Omar El Shorafa
January 10, 2023

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)