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 ...
Lower corporate costs also enabled the company to beat profit estimates, said RBC Capital Markets analyst Biraj Borkhataria.
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on ...
Brazilian state-run oil company Petrobras said on Friday it will hike the prices of diesel sold to distributors for the first time in more than a year, delivering a widely anticipated fuel price tweak ...
CALGARY, Alberta-- (BUSINESS WIRE)--Imperial (TSE: IMO) (NYSE American: IMO): ...
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 ...
Profits for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.
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%.
Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, as lower crude prices offset higher ...