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Production Records

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business2 months ago•1 min saved

Exxon and Chevron Earnings Fluctuate Amid Oil Price Changes

Exxon Mobil's Q3 earnings dropped 12% to $7.55 billion due to falling oil prices caused by increased OPEC+ production, despite record outputs in Guyana and the Permian Basin. The company posted a strong earnings per share of $1.88, returned $9.4 billion to shareholders, and raised its dividend, though revenue slightly missed expectations.

via CNBC|

#business #earnings-decline #exxonmobil

business2 months ago•34 min saved

ExxonMobil and Chevron Boost Production Despite Price Drops in Q3 2025

ExxonMobil reported strong Q3 2025 earnings of $7.5 billion, with record production in Guyana and Permian, ongoing project startups, and increased shareholder dividends, despite year-to-date earnings decline due to market factors. The company continues to focus on growth, cost savings, and technological innovation.

via Exxon Mobil Corporation|

#business #earnings #exxonmobil