Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron, Exxon Mobil ...
Since 2019, the operator achieved $12.1 billion of cumulative Structural Cost Savings, including $2.4 billion of savings ...
Welcome to ExxonMobil's fourth quarter 2024 earnings call. Today's call is being recorded. We appreciate your joining us ...
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 ...
Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...
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% tariffs on products from Canada and Mexico.
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.