Expect record numbers from MEG Energy Note Exxon Mobil Corp. signaled its highest profit since 2008 as Russia’s war in Ukraine upended global commodity markets.
Exxon’s announcement that first-quarter results may have reached almost $11 billion augurs booming profits across the oil industry as trade sanctions, shipping disruptions and surging demand strain supply lines.
Lets hope MEG has been smarter than CVE with hedging and they announce a record profit in May. GLTA.