News

Exxon Mobil, Chevron say oil production is booming and they’re rolling in cash

Net income fell 43.8% from a year ago to $2.49 billion, while adjusted earnings per share, which excludes nonrecurring items, ...

Exxon, Chevron top Q2 estimates: Key takeaways

Exxon (XOM) and Chevron (CVX) reported second quarter profits at four-year lows but still topped estimates as oil (CL=F, BZ=F ...

Q2 profits at Exxon Mobil and Chevron dip to lowest level in 4 years on subdued energy prices

Exxon Mobil’s profit dropped in the second quarter to the lowest level in four years as oil prices declined amid an increase ...
24/7 Wall St.1d

Exxon’s Next Move: Permian Expansion or Deepwater Dive After Hess Loss?

Try, Try Again Exxon Mobil’s (NYSE:XOM) recent loss in arbitration to Chevron (NYSE:CVX) over the $53 billion Hess ...

Oil giants brace for impact: Exxon and Chevron Q2 earnings to reveal profit hit amid crude chaos

Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) are set to report their Q2 earnings on Friday before the market opens, with ...

Exxon CEO Congratulates Chevron After Bruising Feud Over Guyana

The head of Exxon Mobil Corp. has offered an olive branch to his counterpart at Chevron Corp. now that their hard-fought ...
MarketWatch2d

Chevron prevails over Exxon in Hess megamerger, and it matters for ...

The other integrated energy giant, Exxon Mobil Corp. XOM, had tussled with Chevron CVX over Hess’s assets in Guyana, resulting in a stock overhang for Chevron.

Converging Exxon and Chevron operations could spur next mega-merger

Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, ...