Exxon, Chevron Succumb to Oil-Refining Slump as Tariffs Loom
Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of US tariffs on two major oil suppliers threatens to make the refining business even worse.Most Re ...
Phillips 66 Q4 profit plunges, shares fall on weak refining margins
Refiner Phillips 66 reported a smaller-than-expected loss on Friday as strength in its renewables segment offset a sharp ...
Exxon, Chevron Brave DeepSeek Risk to Chase AI Future as Oil Glow Fades
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.
Chevron Posts Mixed Financial Results, Raises Dividend By 5%
Along with its latest financial results, Chevron raised its quarterly dividend by 5% to $1.71 U.S. per share. Chevron's stock is currently trading at $156.32 U.S. per share, having risen 6% over the ...
Exxon posts mixed Q4 results with higher oil production, weak refining profit
Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...
Exxon, Chevron earnings: Analyst eyes oil giants' free cash flows
Exxon Mobil's (XOM) earnings report exceeded fourth quarter expectations, driven by higher oil (CL=F, BZ=F) and gas (RB=F) ...