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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.

Tags: over down profits exxon

 

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.

Tags: over down profits exxon

 
 

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.

Tags: over down profits exxon

 

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.

Tags: prices oil profit mobil

 

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