US supermajor ExxonMobil more than doubled profits in the first quarter, beating market expectations, as its bottom line was lifted by higher crude prices and cost cuts. Net income jumped to $4.01 ...

Exxon's chief executive is telling investors that the company is not just built to survive the energy transition but to mint profits well into the second half of this century. The claim rests on a mix ...

The decline in oil prices are hurting earnings for the oil giants, but they are boosting production and generating more cash to return to shareholders An Exxon gas station in Miami. Exxon and Chevron ...

ExxonMobil topped most expectations in the fourth quarter as the energy giant reported solid production in the Permian Basin and Guyana. For the three months ended Dec. 31, Exxon earned $6.5 billion, ...

US oil giants ExxonMobil and Chevron reported lower earnings Friday as the decline in oil prices offset the lift from higher production. ExxonMobil reported that third-quarter profits had dipped 12.3 ...

Exxon Mobil Corporation XOM, a leading global integrated energy firm, earns a significant portion of its earnings from its upstream business segment. Since oil and gas production is a major revenue ...

Falling oil prices continued to hurt earnings for both Chevron Corp. and Exxon Mobil Corp., but both oil giants beat Wall Street’s profit expectations on Friday as they boosted production to record ...