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Exxon beats profit estimates

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.

BNN Bloomberg · 21h

Exxon beats profit estimates as higher output counters weaker oil prices

HOUSTON — 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.

Zacks.com on MSN · 23h

Exxon Mobil (XOM) Q2 Earnings Beat Estimates

Exxon Mobil (XOM) came out with quarterly earnings of $1.64 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $2.14 per share a year ago. These figures are adjusted for non-recurring items.

Exxon, Chevron

Yahoo Finance · 20h

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 more.

The Northwest Arkansas Democr… · 5h

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.

The Financial Times · 23h

Exxon and Chevron profits fall to 4-year low

Oil and gas production at Exxon hit its highest level since the company merged with Mobil more than a quarter of a century ago, reaching output of 4.6mn barrels of oil equivalent per day. Chevron produced 3.

16hon MSN

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 ...

22hon MSN

Exxon open to M&A possibilities to 'drive more value,' CEO Woods says

Exxon Mobil (NYSE:XOM) is looking at opportunities to buy other oil companies, after losing its prolonged arbitration dispute ...

23h

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 ...

17h

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, ...

1don MSN

Exxon Sees M&A Possibilities as Oil Giants Post Lower Profits

Exxon Mobil CEO Darren Woods said the oil giant is looking for acquisition opportunities in the oil-and-gas space after losing its challenge to Chevron’s $53 billion deal to buy Hess.

Converging Exxon and Chevron operations could spur next mega-merger

Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, ...

15d

Chevron’s megadeal for Hess gets approval after winning legal battle with Exxon

Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.