Chevron (CVX) and Exxon Mobil (XOM) both closed lower after reporting earnings results, with steep declines in refining profits due to lower fuel margins. Although oil and gas tariffs could ...

Completing the deal became even more important to Chevron after the company failed to strike oil or natural gas in a highly-anticipated well in Namibia. Even so, Chevron plans to continue ...

Exxon Mobil's (XOM) earnings report exceeded fourth quarter expectations, driven by higher oil (CL=F, BZ=F) and gas (RB=F) production. Chevron (CVX) experienced its first refining business loss ...

Profits for Exxon Mobil Corp. and Chevron Corp 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.

Chevron expects to add $10 billion in annual free cash flow by 2026, led by growth in upstream assets such as FGP and the Gulf of America. In the Permian, the company anticipates reaching one million ...

The annual profits of Exxon Mobil and Chevron fell in 2024 ... the companies reported Friday that they pumped record amounts of oil and gas from certain oil fields and sent record payouts to ...

In a year when Chevron set a new record for production, growing worldwide production of barrels of oil equivalent hydrocarbons by 7%, that's disappointing. Free cash flow (FCF) also slid ...

Truist analyst Neal Dingmann lowered the firm’s price target on Chevron (CVX) to $160 from $164 and keeps a Hold rating on the shares. The ...

Read: Chevron Kicks Off Whale Oil Production: Details In December, the company stated that it expects organic capital expenditure of $14.5 billion to $15.5 billion for consolidated subsidiaries ...

HOUSTON - U.S. oil producer Chevron used the term "Gulf of America" instead of Gulf of Mexico in its fourth-quarter press release on Friday, a sign of corporate America beginning to implement U.S ...

Oil Producer Chevron Uses Term 'Gulf of America' After Trump Renaming Order By Sheila Dang HOUSTON - U.S. oil producer Chevron used the term "Gulf of America" instead of Gulf of Mexico in its ...

"In a capital-intensive industry, capital discipline always matters," Chevron CEO Mike Wirth said, speaking to CNBC on Friday. Oil producers broadly have signaled they aren't looking to ramp up ...