Green energy and ESG initiatives (Environmental, Social, and Corporate Governance) are seemingly falling out of favor as Big Oil producers double down on traditional fossil fuels amid large mergers. Y
The plans laid out by ExxonMobil (XOM) and Chevron indicate notable growth in U.S. oil production, primarily driven by increased activities in the Permian Basin.
Two energy behemoths - Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) - reported mixed fourth-quarter earnings.
Josh Young of Bison Interests says a careful examination of Chevron and Exxon's financial results show that unlike the consensus expectations of the oil market being oversupplied in the first half of
Big oil companies like Hess NYSE: HES and the classics such as Chevron NYSE: CVX and even Exxon Mobil NYSE: XOM are raking in big profits lately. It goes to show just how excited the market has become
In 2020, I discussed how federal pension laws restricted the amount of company stock that could be held within an employee's defined benefit plan to 10% of the assets. Unfortunately, the same cannot b
Exxon delivered industry-leading earnings in 2023. The oil giant has delivered peer-leading performance across several key metrics in recent years.
ExxonMobil XOM made news in early January when it said it would be forced to take a major, $2 billion impairment hit against its 2023 earnings related to its operations in the anti-oil and gas state o
Here are some of the major companies whose stocks moved on the week's news.
Energy giants ExxonMobil (XOM) and Chevron (CVX) reported their second-largest annual profits in a decade on Friday as strong U.S. oil production boosted revenue.
ExxonMobil's (XOM) Q4 earnings benefit primarily from increased liquids production.
While the top- and bottom-line numbers for Exxon (XOM) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare t

Nonfarm Payrolls Increased More Than Expected

11:46am, Friday, 02'nd Feb 2024
The big jobs numbers out this week came from this morning's U.S. Bureau of Labor Statistics' (BLS) Employment Situation report, which surprised to the upside in a major way: 353K new jobs created for
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) and Chevron Corporation (NYSE:CVX, ETR:CHV) both reported results on Friday that proved positive for the oil giants. Exxon announced a better-than-expected $36 bi

BLS Jobs Up Big: 353K, 3.7% Unemployment

11:26am, Friday, 02'nd Feb 2024
353K new jobs created for January are nearly double the 180K or so analysts were looking for.
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