Annual profits fell, but the oil giants made record distributions to shareholders as production rose to historic levels in ...
Exxon Mobil's (XOM) earnings report exceeded fourth quarter expectations, driven by higher oil (CL=F, BZ=F) and gas (RB=F) ...
The launch of the energy-efficient DeepSeek chatbot roiled tech and power markets in late January. But supermajors Exxon ...
Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...
In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...
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.
That's the record amount Exxon Mobil distributed to shareholders last year, despite a fall in annual profit. Meantime, rival Chevron boosted dividends and share repurchases to $27 billion. Dig deeper: ...
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
Stocks traded mostly lower on Friday after President Donald Trump followed through on his pledge to enact tariffs on Mexico ...
Profits for Exxon Mobil and Chevron 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 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 ...