Guyana oil consortium, headed by Exxon, sees significant increase in net profit in 2023, outperforming Nvidia’s margins – Reuters

The Exxon-led Guyana oil group saw a significant increase in net income in 2023, according to a report from Reuters. The company’s margins exceeded those of Nvidia, a major player in the technology industry. This positive financial performance underscores the growing importance of the oil sector in Guyana, as well as the potential for further growth and development in the region. Exxon’s leadership in the group has been instrumental in driving these results, and the company’s continued success bodes well for the future of the oil industry in Guyana.

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https://www.reuters.com/business/energy/exxon-led-guyana-oil-groups-net-jumps-2023-margins-top-nvidias-2024-06-25/