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Exxon Mobil, Chevron report losses on weak oil prices

US oil giants Exxon Mobil and Chevron today suffered losses in the latest quarter as the weakened economic outlook due to the coronavirus pandemic pressures the industry to double down on cost cuts.
Business • 31 Jul 20

Exxon Mobil's fourth quarter profit tops estimates

Exxon Mobil has today reported a quarterly profit that topped analysts' estimates, as its oil and natural gas output rose slightly on a year-over-year basis.
Business • 01 Feb 19

Exxon Mobil earnings jump on higher oil prices

Exxon Mobil reported a big jump in third-quarter profits today on higher oil prices and refining margins, and said the production ramp-up at key new US oilfields was on track.
Business • 02 Nov 18

Refining margins dent Exxon, Chevron Q1 results

Weak refining margins dinged first-quarter results for Exxon Mobil and Chevron, though Chevron's oil production gains outshone its larger rival, which has struggled to turn operations around after recent missteps.
Business • 27 Apr 18

Exxon Mobil reports big drop in quarterly profits

Exxon Mobil, the world's largest publicly traded oil company, said its quarterly profit fell by $1.59 billion due to declining crude prices and refining margins.
Business • 28 Oct 16

ExxonMobil's Q1 earnings plummet 63%

US energy giant ExxonMobil said today that its first-quarter earnings dived 63% to $1.8 billion due to plunging oil prices.
Business • 29 Apr 16

Exxon Mobil's quarterly profits slide 18%

Exxon Mobil Corp today reported an 18% decrease in quarterly profit on weakness in its refining business.
Business • 31 Oct 13

Refining margins boost profits at Exxon Mobil

Oil giant Exxon Mobile's fourth-quarter earnings rose 6% to $9.95 billion with help from higher profit margins in its refining business.
Business • 01 Feb 13

Exxon's Q3 profit falls 7% to $9.57 billion

Exxon Mobil said its profit fell 7% in the third quarter as it produced less oil and gas and realised lower prices.
Business • 01 Nov 12

Apple 'most valuable company ever'

Apple has become the world's most valuable company ever.
News • 20 Aug 12

Shell tops Fortune's Global 500 rankings

Energy firm Royal Dutch Shell, with a 28% increase in revenue in 2011, ended Wal-Mart Stores' two-year reign on top of Fortune Magazine's Global 500 list.
Business • 09 Jul 12

Exxon Mobil's first drop in profits since 2009

Exxon Mobil's first-quarter net income dropped 11% on lower production and weaker profits from its chemicals and US refining businesses.
Business • 26 Apr 12

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