Big Oil Companies Report Record $51.5 Billion in Profits in Q2

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Big Oil Companies Report Record $51.5 Billion in Profits in Q2
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Eight of the top Big Oil companies reported $51.5 billion in profits during their Q2 earnings calls. See potential bias and similarities in coverage from guardian, FoxBusiness and WSJ:

reported $51.5 billion in profits during their Q2 earnings calls.

Three of the top earners — Exxon, Shell and Chevron — grossed a record $46 billion in collective profits while the average price for a gallon of gas hit an all-time high of $5.01 in the U.S. The eight companieswhen compared to the same time period last year, according to a report from . The analysis also found that"wealthy shareholders" received $10.5 billion in dividends last quarter.that these oil companies exalted their"excellent quarters while

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