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Exxon Says Refining Margins Could Add $4.5B to Q3 Results

Exxon said higher refining margins could add about $4.5 billion to third-quarter results compared with the prior quarter. Its shares were up 2% at about $178.04 when reported.

XOM

ExxonMobil (XOM) shares edged higher Friday after the company said stronger refining margins could contribute about 4.5 billion to third-quarter results versus the prior quarter. At the time of writing, XOM was up 2% at about $178.04. What Did Exxon Say? In the second quarter…