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Refining margins soar, ExxonMobil (XOM.US) Q3 downstream business profits set to reach record highs

Refining margins soar, ExxonMobil (XOM.US) Q3 downstream business profits set to reach record highs

智通财经智通财经2026/10/17 03:21
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According to Golden Ten Data, ExxonMobil (XOM.US) stated in an 8-K filing on Friday that rising refining margins in the third quarter are expected to bring about $4.5 billion in profit growth for its downstream business, while its refining business had already earned $4.1 billion in profit in the second quarter.
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Refining profit margins soar, ExxonMobil (XOM.US) Q3 downstream business profit set to reach historic high

ExxonMobil stated that the rise in Q3 refining margins is expected to increase profits by about $4.5 billion, although part of the growth will be offset by falling oil prices and the timing effect of derivatives losses.

智通财经•2026/10/17 03:21
Refining profit margins soar, ExxonMobil (XOM.US) Q3 downstream business profit set to reach historic high