Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron, Exxon Mobil ...
Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in its refining and chemicals business, though ...
Since 2019, the operator achieved $12.1 billion of cumulative Structural Cost Savings, including $2.4 billion of savings ...
Darren Woods, Chairman and CEO, highlighted that Exxon Mobil achieved earnings of $34 billion in 2024, marking its third-highest result in the past decade despite softer market conditions. Cash flow ...
Phillips 66’s (PSX) shares fell 1.2% on Friday after the company reported a 98% drop in quarterly profit while Trump’s tariff ...
The Exxon Mobil-controlled Canadian energy company on Friday posted a decline in net income to 1.23 billion Canadian dollars ($848.7 million), or C$2.37 a share, down from C$1.37 billion, or C$2.47 a ...
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25% tariffs on products from Canada and Mexico.
Exxon Mobil demonstrated resilience in the fourth quarter of 2024, posting earnings of $7.61 billion, or $1.72 per share, slightly down from $7.63 billion, or $1.91 per share, in the same period last ...
The launch of the energy-efficient DeepSeek chatbot roiled tech and power markets in late January. But supermajors Exxon ...
Imperial Oil logged a drop in profit and lower-than-expected revenue in the fourth quarter due to lower crude oil prices but upped its dividend by 20%.
Exxon Mobil Corporation today announced fourth-quarter 2024 earnings of $7.6 billion, or $1.72 per share assuming dilution. Cash flow from operating activities was $12.2 billion a ...
Chevron missed Q4 earnings expectations and reports first quarterly loss in refining business since 2020, but raises dividend ...