US oil giants ExxonMobil and Chevron reported lower earnings Friday as the decline in oil prices offset the lift from higher production. ExxonMobil reported that third-quarter profits had dipped 12.3 ...
OilPrice.com on MSN
When oil falls but Exxon and Chevron don't
Aggressive layoffs, efficiency gains, and exits from loss-making low-carbon ventures helped the five supermajors generate ...
The decline in oil prices are hurting earnings for the oil giants, but they are boosting production and generating more cash to return to shareholders An Exxon gas station in Miami. Exxon and Chevron ...
Despite oil prices trading about $15/bbl below their 52-week highs, Big Oil firms—Exxon, Chevron, Shell, and TotalEnergies—collectively earned over $21 billion in Q3. Exxon’s breakeven has fallen to ...
The oil majors may be balking on Venezuela, but smaller firms see opportunities to cash in. Some are big Trump donors.
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