Chevron Exxon Report 15 Billion Q1 Profits Despite Low Oil Prices

Last updated: June 9, 2025, 03:54

Chevron Exxon Report 15 Billion Q1 Profits Despite Low Oil Prices

Profits at ExxonMobil and Chevron

Profits at ExxonMobil and Chevron fell in the third quarter as lower commodity prices and weaker refining margins outweighed the US oil groups’ soaring production

The two biggest American oil firms, Exxon Mobil and Chevron, reported strong earnings growth on Friday, despite low oil prices. In the first three months of the year

Exxon, Chevron Succumb to Oil-Refining Slump as

Bloomberg

(Bloomberg)Exxon Mobil Corp. and Chevron Corp. beat analysts’ profit, output and sales estimates as rising oil production from the Permian Basin helped offset

Chevron Cuts Buybacks and Exxon Sits Tight as Oil Plunges

Exxon, Chevron report rising Permian production despite analyst

Exxon Mobil

Exxon, Chevron Profits Fell Ahead of Tariff-Driven Oil Slump

Exxon profit drops on low oil prices, costs

Exxon Mobil ‘s Q1 profit dropped to $7.7B, lowest in years. U.S. crude prices fell below $60 per barrel, hurting margins. Tariffs and rising costs added pressure on oil

It comes despite Chevron beating

Major oil companies suffer billion-dollar setback:

Exxon Mobil and Chevron posted lower first-quarter earnings Friday, hurt by narrow refining margins, lower oil prices and rising costs. Their outlook has dimmed since the

It comes despite Chevron beating earnings estimates on more low-cost production from Kazakhstan and the Permian Basin. Exxon Mobil Corp, which also reported

ExxonMobil and Chevron suffer profit falls on lower oil prices

Chevron, Exxon Report $15 Billion Q1 Profits Despite Low Oil Prices