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 … Read more
Government data from Guyana revealed that last year, an Exxon Mobil-led consortium secured a lucrative deal generating $6.33 billion for partners. The trio enjoyed a combined net margin of 56%, surpassing that of Nvidia Corp. The consortium’s revenue rose by 23% to $11.25 billion in 2023 due to the addition of a third production vessel, … Read more
Every day, the MarketScreener team selects the most important news about listed companies. Here’s a short recap for your convenience: Corporate news: ABB reports higher third-quarter net income and sales. Adidas estimates that its operating loss will be smaller than expected this year, at around €100 million (vs. €450 million). ASML believes that the new … Read more