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Exxon and Chevron profits are down over 50%
2015-07-31 20:40:36| Energy - Topix.net
Big Oil earnings have nosedived in the past year. The latest results that came out Friday were even worse than expected.
Exxon and Chevron profits are down over 50%
2015-07-31 20:18:16| Oil & Gas - Topix.net
Big Oil earnings have nosedived in the past year. The latest results that came out Friday were even worse than expected.
Exxon and Chevron profits are down over 50%
2015-07-31 20:18:15| Oil & Gas - Topix.net
Big Oil earnings have nosedived in the past year. The latest results that came out Friday were even worse than expected.
Chevron profits plunge on weaker crude oil prices
2015-07-31 20:18:14| Oil & Gas - Topix.net
Chevron profits plunged 91 percent, a feeble financial result that was caused by falling oil prices and charges against earnings, the energy giant reported Friday in a release that came days after wide-ranging job cuts by the company. Shares of Chevron nose-dived more than 4 percent on Friday following the report, which missed Wall Street's expectations.
Tags: prices
oil
profits
crude
Tumbling oil prices slam profit at Exxon Mobil, Chevron
2015-07-31 18:40:37| Chemicals - Topix.net
Earnings at Exxon and Chevron, two of the world's largest oil producers, also missed analysts' expectations, adding to concerns that perhaps executives had not acted quickly enough to mitigate the impact of an over-50-percent drop in oil prices since last summer. The results also highlighted how smaller and more nimble U.S. shale oil companies had slashed costs faster and more aggressively than global majors.
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