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What Exxon and Chevron Are Doing With Those Big Profits

The New York Times · CLIFFORD KRAUSS · last updated

Exxon Mobil made $56 billion in profit last year, its largest annual haul ever. Chevron earned $36 billion, also a company record. But after a bountiful 2022, the outlook for those companies and other big oil and gas producers is cloudy.

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