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Exxon, Chevron
Exxon, Chevron Beat Estimates on Permian Oil-Supply Boost
Exxon Mobil Corp. and Chevron Corp. beat analysts’ profit, output and sales estimates as rising oil production from the Permian Basin helped offset weaker crude prices.
Exxon, Chevron Top Q3 Profit Expectations on Record High Oil Output
Chevron, whose $53-billion takeover of Hess has been held up, posted a 14% increase in third-quarter output to a record 1.61 million boepd, mostly from gains in its U.S. shale business. It added a drilling rig in the Permian basin last quarter and will begin a production expansion in Kazakhstan next quarter.
Exxon and Chevron Report Sluggish Profits
Third-quarter profits for Exxon Mobil and Chevron reflected a substantial decline in their refining margins, which in turn reflected a summer drop in fuel prices.
38m
on MSN
Should You Ignore Chevron and Buy This Magnificent High-Yield Energy Stock Instead?
Chevron is a diversified giant in the energy sector, offering a high yield. But you can get a notably higher yield from a ...
1d
on MSN
Chevron’s stock climbs after a triple beat of profit, revenue and production
Chevron’s stock rallies after earnings and production beat expectations, and a record amount of cash was returned to ...
1d
Chevron beats earnings expectations, returns more than $7 billion to shareholders
Chevron’s stock is largely flat for the year, underperforming the S&P 500 energy sector which has gained more than 6%.
Reuters on MSN
2d
Chevron CEO under pressure to halt share slide as Hess deal stalls
Five years ago, Chevron CEO Michael Wirth won Wall Street acclaim as the No. 2 U.S. oil company briefly achieved a market ...
EconoTimes
3h
Exxon and Chevron Navigate Oil Price Drop as Investor Returns Face Potential Strain
As oil prices slump and market surpluses grow, Exxon and Chevrons latest earnings show resilience yet reveal pressures on ...
1d
Chevron flags possible U.S. job cuts in $3 billion cost cutting
The $3 billion in targeted “structural” cost savings will come from asset sales, the use of new technology and workflow ...
1d
on MSN
Chevron Could Rebound After a Middling Year
Analysts expect Chevron to report $2.43 of earnings per share in the quarter, down from $3.05 a year ago because of a drop in ...
Colorado Public Radio
22h
A donation from Chevron raises questions about corporate support for election reform in Colorado
Supporters of Proposition 131 say the overhaul would mean more popular candidates, but the last-minute support from ...
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