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Exxon and Chevron profits fall to 4-year low
The boost in output, triggered by strong growth in the companies’ operations in the Permian, the largest US oilfield, helped the groups to beat Wall Street expectations even as lower oil prices sent their profits in the three months to the end of June down to four-year lows.
Chevron said worldwide and U.S. net oil-equivalent production set quarterly records, as production from its Tengizchevroil ...
8hon MSN
Exxon Mobil’s profit dropped in the second quarter to the lowest level in four years as oil prices declined amid an increase ...
The head of Exxon Mobil Corp. has offered an olive branch to his counterpart at Chevron Corp. now that their hard-fought ...
After losing an arbitration battle to block Chevron’s $53 billion acquisition of Hess, ExxonMobil is scouting for its own oil patch deals, The Wall Street Journal writes. CEO Darren Woods says ...
Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, ...
Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger ...
The conclusion of the saga removes a stock overhang for Chevron and paved the way for the $53 billion deal to close ...
"Following the clouds of uncertainty being lifted around the Hess deal, Chevron has hit the ground running with a strong set of results and beat versus market expectations," said Biraj Borkhataria, an ...
Chevron Corporation (NYSE: CVX) announced earlier this month the completion of its acquisition of Hess Corporation (NYSE: HES ...
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