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Exxon beats profit estimates

Reuters on MSN · 17h

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 Wall Street Journal on MSN · 8h

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.

Bloomberg on MSN · 20h

Exxon, Chevron Surpass Estimates With Record Oil Production

Exxon Mobil Corp. posted better-than-expected results after robust oil production from the Permian Basin and Guyana cushioned the impact of lower crude prices.

Exxon, Chevron

Yahoo Finance · 21h

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.

Reuters on MSN · 1d

Exxon, Chevron profits to drop to lowest point since pandemic, analysts say

Top U.S. oil producers Exxon Mobil 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.

The Financial Times · 1d

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.

24/7 Wall St.17m

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 ...

19h

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 ...

23hon 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 ...

20h

Exxon Chief Says Demand for Oil Remains ‘Very, Very Strong’

The largest U.S. energy companies reported their lowest second-quarter profits in years, as tariffs have weighed on oil ...

17hon MSN

Exxon Mobil, Chevron say oil production is booming and they’re rolling in cash

Net income fell 43.8% from a year ago to $2.49 billion, while adjusted earnings per share, which excludes nonrecurring items, ...

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 ...

1d

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 ...

1d

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 ...

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