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Chevron and Exxon profits drop on falling oil price
Chevron said net income fell by just over a third to $3.5bn in the first quarter, down from $5.5bn a year earlier, and slightly below analysts’ consensus estimates. Revenues fell to $47.6bn, down from $48.7bn a year earlier, as its global production remained flat.
Chevron Corp. will slash share buybacks this quarter after oil prices have tumbled, indicating that President Donald Trump’s ...
President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas ...
Chevron on Friday reported first-quarter earnings that met Wall Street estimates, as the company saw a turnaround in its ...
Reported earnings of $3.5 billion; adjusted earnings of $3.8 billion Returned $6.9 billion cash to shareholders; acquired ...
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The Paris-based International Chamber of Commerce has scheduled a hearing in Exxon Mobil's arbitration dispute over rival ...
Chevron's extensive natural gas production capacity positions it well to benefit significantly from the projected demand and ...
C hevron heads into its first-quarter earnings report on Friday with oil in a slump and the company‘s shares trading near ...
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