Exxon Mobil’s second-quarter profit rose and was its second-highest for the period of the past decade as it achieved record quarterly production from its Permian and Guyana assets. The energy company earned $9.24 billion, or $2.14 per share, for the three months ended June 30. A year earlier it earned $7.88 billion, or $1.94 per share. The results topped Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. Analysts surveyed by Zacks Investment Research were expecting earnings of $2.04 per share. Chevron Corp. also reported its second-quarter financial results and they fell far short of profit expectations. The company also announced it is relocating its headquarters to Texas.
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