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ExxonMobil’s Integrated Earnings Model Dynamics

Michelle Rey
ExxonMobil’s Integrated Earnings Model Dynamics

In the second quarter, ExxonMobil’s (XOM) earnings rose 18% YoY (year-over-year) to $3.9 billion. While its upstream earnings rose YoY in the second quarter, its downstream and chemical earnings fell. ExxonMobil’s Upstream segment, which contributed 35% to its overall earnings in the second quarter of 2017, added 77% in the second quarter of 2018.