Exxon laid out a five-year plan in December to increase project spending to boost oil and gas output by 18% by 2030. "We're not going to go ahead with them until we're convinced that the value is ...
Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.
Shares of the No. 1 U.S. oil producer declined 1.7% to $107.72 in afternoon trading, which was in line with a drop in the broader S&P 500 Energy Sector index. Exxon's adjusted profit for the ...
Exxon Mobil Corp. beat earnings estimates as strong production growth cushioned the drop in oil prices and refining margins, easing investor concerns about an increase in capital spending.
Exxon Mobil's (XOM) earnings report exceeded fourth quarter expectations, driven by higher oil (CL=F, BZ=F) and gas (RB=F) production. Chevron (CVX) experienced its first refining business loss ...
Related: Oil Price Drop To Cut Exxon Mobil’s Q4 Upstream Earnings By Up To $0.9 Billion: Details Adjusted net profit came in at $7.39 billion, down from $8.61 billion in the prior quarter.
Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per ...
Exxon Posts Mixed Q4 Results With Higher Oil Production, Weak Refining Profit By Sheila Dang HOUSTON (Reuters) -Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in ...
Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased production in Permian and Guyana Exxon Mobil posted strong fourth ...
an increase of 20,000 oil-equivalent barrels per day versus the prior quarter. Upstream earnings at Exxon rose by $340 million from the third quarter to $6.5 billion in Q4, driven by record ...
Exxon Mobil XOM-N on Friday posted mixed fourth-quarter results that showed weakness in its refining and chemicals business, though it beat Wall Street’s profit estimate with higher oil and gas ...
Prince William is following in his father King Charles’ footsteps to make a mark with his own set of projects. The Prince of Wales, who has been a championing causes to save the environment and ...
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