Exxon Mobil reported first-quarter earnings Friday that beat Wall Street expectations, but declined from the prior year as crude oil prices have fallen sharply on fears that President Donald Trump's tariffs will hit global demand.The oil major said volume growth in the Permian Basin and Guyana combined with cost-cutting...
FILE PHOTO: A Chevron gas station is seen in Austin, Texas, U.S., October 23, 2023. Brian Snyder | ReutersChevron stock fell on Friday as the oil major's profit declined on the steep decline in oil prices this years.Chevron's net income declined more than 30% to $3.5 billion, or $2 per...
An Exxon gas station is seen in the Brooklyn borough of New York City on Oct. 6, 2023.Michael M. Santiago | Getty ImagesExxon Mobil beat third-quarter earnings expectations, as the oil major reached its highest production level in more than four decades.Here is what Exxon reported for the third...
Jaap Arriens | Nurphoto | Getty ImagesChevron beat third-quarter earnings and revenue expectations, returning a record amount of cash to shareholders.Shares were up 2.6% in the premarket following the report's release.The oil major's quarterly profit, however, declined substantially compared to the year-ago period due to lower margins on refined...
A contractor carries a SunRun solar panel on the roof of a home in San Jose, California, U.S., on Monday, Feb. 7, 2022. David Paul Morris | Bloomberg | Getty ImagesSunrun stock jumped nearly 14% on Wednesday as the rooftop solar installer sees an opportunity to snag market share after...
Gas pumps are seen at a Chevron gas station in Orlando.Paul Hennessy | SOPA Images | Lightrocket | Getty ImagesChevron missed second-quarter earnings expectations, hurt by lower refining margins as the stock is already under pressure from delays to its pending acquisition of Hess Corporation.Chevron's shares fell about 2%...
An Exxon Mobil gas station in Washington, D.C., on Nov. 28, 2023.Al Drago | Bloomberg | Getty ImagesExxonMobil on Friday posted its second highest results for the second quarter in the past decade, as the company achieved record production in Guyana and the Permian Basin.Exxon shares rose more than...
A worker walks past a pile of lithium ore at a Talison Lithium Ltd. site, a joint venture between Tianqi Lithium Corp. and Albemarle Corp., in Greenbushes, Australia.Carla Gottgens | Bloomberg | Getty ImagesLithium mining giant Albemarle will halt the expansion of a manufacturing plant in Australia, as the...
Chuck Smith monitors the manufacturing process of the series 6 solar panels during a tour of a First Solar plant in Walbridge, Ohio, on Oct. 6, 2021.Dane Rhys | ReutersFirst Solar reported second-quarter results Tuesday that beat revenue and earnings expectations, but the solar technology company left its forecast...
An Exxon gas station is seen on October 06, 2023 in the Brooklyn borough of New York City.Michael M. Santiago | Getty ImagesExxon Mobil on Friday reported first-quarter earnings that missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.Exxon's stock was...