News

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 ...

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 ...

Chevron Aims To Cut Costs With Increased Production

Chevron’s Hess deal boosts growth potential with Guyana assets, strong Permian output, and cost synergies despite oil risks.

Forced frenemies, Exxon and Chevron take diverging paths as leaders of the booming Permian

The top Big Oil giants in the Western Hemisphere, Exxon Mobil and Chevron also are the top producers in the booming Permian ...

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 ...
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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 ...

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, ...

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 ...