3 ms·
That is a terrible comparison chart as we were way more in pandemic mode a year ago. Exxon the biggest one on that list made more profits in Q2 of 2012 than Q2
by mrep 4y ago
That is a terrible comparison chart as we were way more in pandemic mode a year ago. Exxon the biggest one on that list made more profits in Q2 of 2012 than Q2 of 2022 [0] and that is not even accounting for inflation.
While that was probably somewhat of an outlier quarter, I expect this past one to be too as petrol prices have been going down recently.
[0]: https://www.macrotrends.net/stocks/charts/XOM/exxon/gross-profit#:~:text=Exxon%20gross%20profit%20for%20the%20twelve%20months%20ending%20June%2030,a%2042.47%25%20decline%20from%202019 https://www.macrotrends.net/stocks/charts/XOM/exxon/gross-pr....
- lm28469 4y ago> that is not even accounting for inflation. They _are_ the inflation. The price of energy is what makes everything else increase in price