The Secret to How ExxonMobil Has Transformed Into a Much More Profitable Energy Company

The energy giant's strategy has fundamentally improved its ability to make money.ExxonMobil (XOM -0.03%) has come a long way over the last five years. The oil behemoth has transformed into a much more profitable company. It delivered industry-leading profitability during the third quarter, enabling it to provide its shareholders with industry-leading cash returns. On its third-quarter conference call, CEO Darren Woods shared the secrets to the company's success and explained how it has become the most profi ...