Exxon Mobil Corporation (NYSE:XOM) shares are trading lower after the company reported second-quarter FY24 results.  Total revenues and other income stood at $93.060 billion, beating the consensus of $90.987 billion. Net production stood at 4,358 thousand oil-equivalent barrels per day, an increase of 15% from the previous quarter, driven by increased volumes from Pioneer, Guyana, and the heritage Permian assets. Adjusted net profit came in at $9.24 billion, up from $8.22 billion in the prior quarter. Adjusted EPS stood at $2.14, beating the consensus of $2.01. The company’s capital and exploration expenditures stood at $7.04 billion in the second quarter. Related: Exxon Mobil’s Stock Slides: Oil Up, Gas Down Makes For Mixed Q2 Earnings Outlook The company achieved a cumulative structural cost savings of $10.7 billion versus 2019, with an additional $0.6 billion during the quarter. The company plans to deliver cumulative savings totaling $5 billion through the end of 2027 versus 2023. Darren Woods, ...