Economic Recovery Boosts ExxonMobil's Earnings, Chemical Profits Shine

SUGAR LAND--August 2, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Exxon Mobil Corporation's (NYSE:XOM) (Irving, Texas) financial status is improving, as demonstrated by the company's second-quarter 2021 earnings results. Earnings were up across all three of the company's major segments, Upstream, Downstream and Chemical, compared with the first quarter. Although narrowed from first-quarter 2021, the company's Downstream segment reported a loss, while the Chemical segment reported its best-ever quarterly earnings.