Oil company profits have surged during 2022 amid Russia's invasion of Ukraine

Net income (excluding exceptionals) $bn

Jan - Sep 2021

Jan - Sep 2022 reported

Forecast

$0bn

10

20

30

40

Shell

$12.8bn

$30.1bn

BP

8.7

20.7

ExxonMobil

14.3

42.7

Chevron

10.7

27.3

TotalEnergies

11.3

28.7

Eni

2.6

10.3

ConocoPhillips

5

13.8

Net income (excluding exceptionals) $bn

Jan - Sep 2021

Jan - Sep 2022 reported

Forecast

$0bn

10

20

30

40

Shell

$12.8bn

$30.1bn

BP

8.7

20.7

ExxonMobil

14.3

42.7

Chevron

10.7

27.3

TotalEnergies

11.3

28.7

Eni

2.6

10.3

ConocoPhillips

5

13.8