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Exxon, Chevron and Oil Production

Exxon beats profit estimates, eyes acquisition opportunities
Exxon Mobil beat Wall Street estimates for second-quarter profit on Friday as higher oil and gas output and low production costs offset the impact of lower crude prices. The biggest U.S. oil producer made clear that it is ready to take advantage of lower oil prices and make acquisitions,
Exxon, Chevron Surpass Estimates With Record Oil Production
Exxon Mobil Corp. and Chevron Corp. posted better-than-expected results after record oil production cushioned the impact of lower crude prices.
Exxon Mobil, Chevron say oil production is booming and they’re rolling in cash
Shares of both oil giants Exxon Mobil Corp. and Chevron Corp. rose in early Friday trading, as they reported second-quarter profit and free cash flow that beat expectations, as production rose to historic levels.
Exxon beats profit estimates with higher production despite weak oil prices
Exxon Mobil, the United States' biggest oil producer, beat Wall Street estimates for second-quarter profit on Friday as higher oil and gas output and low production costs offset the impact of lower crude prices.
ExxonMobil, Chevron Profits Slump on Falling Oil Prices
Key Takeaways ExxonMobil and Chevron reported much lower second-quarter profits as the price of oil slumped.Adjusted earnings for both oil giants beat estimates, but Chevron missed revenue forecasts.Chevron's results were impacted by a loss in the fair market price of shares of Hess,
Exxon, Chevron profits to drop to lowest point since pandemic, analysts say
Top oil producers ExxonMobil and Chevron are expected to report their lowest earnings in four years when they release second-quarter results on Friday, as weaker oil and gas prices slashed revenue.
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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 ...
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 and Chevron, Rivals Turned Frenemies, Face Profit Pressure-Cooker
Rather than jockeying for an advantage in their weakened state, the two longtime rivals are set to work together more and ...
Exxon Mobil: Q2 Earnings Could Be The Catalyst For A Value Revival
Exxon Mobil heads into Q2 2025 with cost savings and asset sales supporting resilient earnings, despite commodity price ...
Exxon Mobil Hits Record Production, CEO Reaffirms Hunt For Value-Driven Deals
Exxon Mobil Corporation (NYSE:XOM) announced on Friday its second-quarter 2025 earnings of $7.1 billion, or $1.64 per share, ...
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, Chevron profits fall as OPEC+ raises output
Exxon Mobil's second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ramped up production.
Exxon chief urges Donald Trump to use trade talks to fight ‘bone-crushing’ EU regulation
Darren Woods, Exxon ’s chief executive, said the EU’s Corporate Sustainability Due Diligence Directive threatened to entangle ...
Exxon Mobil Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Analysts expect the Spring, Texas-based company to report quarterly earnings at $1.56 per share, down from $2.14 per share in ...
Exxon Could Slow Hydrogen, Low Carbon Projects After US Tax Bill
Exxon Mobil Corp. warned its project to build the world’s biggest low-carbon hydrogen plant in Texas could face delays after ...