Exxon and Chevron Beat Q3 Estimates as Refining Profits Surge Amid Conflicts
Exxon reported more refining profit than upstream for the first time in years as fuel supply tightened globally.
/ 11 items
#XOM↓
Chevron Hits 6-Year Profit High, Exxon Posts 4-Year Best in Q2 2026
Chevron and ExxonMobil report robust Q2 2026 profits fueled by high oil prices and record production amid Middle East disruptions.
Sable Offshore Shares Collapse Amid Heavy Dilution Fears Following $400 Million Raise
Sable Offshore shares plunged to a record low after announcing a $400 million equity and convertible notes offering to refinance Exxon debt. Heavy dilution fears trigger massive sell-off.
Woodside Energy Emerges as Prime Target in Exxon’s LNG Expansion Push
Exxon Mobil is studying a potential takeover of Australian LNG giant Woodside Energy to expand its liquefied natural gas portfolio and strengthen its position in Asia.
ExxonMobil Profit Falls to a 5-Year Low — but Adjusted Results Beat Expectations
Exxon beat forecasts, but profit fell due to Middle East issues. Strong US output helped offset losses; cash returns to shareholders stayed high.
Exxon Mobil Loses 6% of Global Q1 Production as Middle East War Hits Qatar LNG Trains
Exxon Mobil says Middle East conflict cut 6% output; LNG damage hits supply, but higher prices may boost profits later.