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Exxon earnings beat as production in Guyana, Permian soar to records despite low oil prices

On Friday reported third-quarter earnings that beat Wall Street estimates, as production in Guyana and the Permian Basin hit records despite falling oil prices. Exxon’s net income fell 12% to $7.55 billion, or $1.76 per share, compared with $8.61 billion, or $1.92 per share, in the year-ago period. Excluding one-time items, the oil major earned […]