(Bloomberg) -- Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of US tariffs on two major oil suppliers ... crude for US-based refineries.
The beat comes just weeks after many analysts lowered expectations based on weaker-than-expected ... have such high margins that they will drive Exxon’s breakeven oil price down to just $30 ...
SPRING, Texas (AP) — SPRING, Texas (AP) — Exxon Mobil Corp. (XOM) on Friday reported fourth-quarter net income of $7.61 billion. On a per-share basis, the Spring, Texas-based company said it had ...
Exxon's Q4 2024 profit exceeded Wall Street expectations, hitting $7.39 billion, despite lower oil prices. Rising oil and gas production offset the impact of lower prices and refining margins.