Big Oil was once the antithesis of the asset-light, hyper-growth world of Silicon Valley. Now it’s looking to Big Tech to stay relevant.
Phillips 66's fourth quarter profit plummeted to $8 million from $1.26 billion in the year-ago quarter. Valero's refining ...
Shares of energy companies fell after mixed earnings and amid fears of universal tariffs. The annual profits of Exxon Mobil and Chevron fell in 2024, as anemic natural-gas prices and narrowed refining ...
Chevron reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins dragged its refining business ...
This story incorporates reporting from worldenergynews.com, SchaeffersResearch.com and MSN.Chevron announced financial ...
Chevron expects to add $10 billion in annual free cash flow by 2026, led by growth in upstream assets such as FGP and the Gulf of America. In the Permian, the company anticipates reaching one million ...
Q4 2024 Earnings Conference Call January 31, 2025 11:00 AM ETCompany ParticipantsJake Spiering - Head, IRMike Wirth ...
Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...
The Exxon Mobil-controlled Canadian energy company on Friday posted a decline in net income to 1.23 billion Canadian dollars ($848.7 million), or C$2.37 a share, down from C$1.37 billion, or C$2.47 a ...
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Phillips 66 delivered a substantial miss on earnings due to changing market conditions and strategic shifts.
Chevron reported lower-than-expected fourth-quarter earnings due to a loss in its refining division, despite strong upstream ...