Big Oil Companies Post Solid First-Quarter Profits

May 9, 2023--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--In late April and early May, four of the world's largest integrated oil companies--Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas), Chevron Corporation (NYSE:CVX) (San Ramon, California), Shell plc (NYSE:SHEL) (London, England) and BP (NYSE:BP) (London, England) (London, England)--reported strong, in some cases record, first-quarter earnings.