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Downstream earnings improved year-over-year, with U.S. downstream profits rising to $404 million on higher refining margins ...
Exxon Mobil’s profit dropped in the second quarter to the lowest level in four years as oil prices declined amid an increase ...
Try, Try Again Exxon Mobil’s (NYSE:XOM) recent loss in arbitration to Chevron (NYSE:CVX) over the $53 billion Hess ...
Hess Midstream LP (NYSE:HESM) is a midstream energy company that specializes in fee-based gathering, processing, storage, and ...
The conclusion of the saga removes a stock overhang for Chevron and paved the way for the $53 billion deal to close immediately.
Exxon Mobil's second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ramped up production.
Exxon Mobil CEO Darren Woods said the oil giant is looking for acquisition opportunities in the oil-and-gas space after losing its challenge to Chevron’s $53 billion deal to buy Hess.
Chevron's Q2 2025 earnings call highlights record Permian production, Hess merger synergies, and $12.5B free cash flow guidance for 2026.
The top Big Oil giants in the Western Hemisphere, Exxon Mobil and Chevron also are the top producers in the booming Permian ...
Leaders also are sticking to Hess’ capex and production pace and expect to generate merger savings more quickly than ...
Key Takeaways ExxonMobil and Chevron reported much lower second-quarter profits as the price of oil slumped.Adjusted earnings ...
After losing an arbitration battle to block Chevron’s $53 billion acquisition of Hess, ExxonMobil is scouting for its own oil patch deals, The Wall Street Journal writes. CEO Darren Woods says ...
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