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Shell and Exxon warned of weaker Q2 earnings due to lower oil and gas prices, with Exxon expecting a $1.5 billion hit.
U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil ...
Exxon's caution pressures energy ETFs like XLE and VDE, as oil prices dip and investors weigh OPEC+ moves and sector rotation ...
The preparations come as both companies await a decision in a legal challenge from larger rival ExxonMobil that will make or break the $53-billion deal.
ExxonMobil has forecast a reduction of $1.5bn in its second-quarter (Q2) earnings 2025 due to lower oil and gas prices, as ...
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Stocktwits on MSNExxon Mobil Braces for $1.5B Q2 Earnings Hit From Weaker Oil, Gas PricesExxon Mobil (XOM) stock edged lower in extended trading on Monday after the energy firm said weak oil and gas prices could ...
Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...
Exxon Mobil (XOM.N), signaled yesterday that lower oil and gas prices could cut its second-quarter earnings by about US$1.5 ...
Whalen Wealth Management Inc. has taken a fresh bite out of Exxon Mobil by acquiring 4,531 shares worth $539,000 during the first quarter. This purchase adds Whalen to a growing list of hedge funds ...
NEW YORK, June 24 (Reuters) - An index of global shares hit a record high on Tuesday with oil prices plummeting further as market sentiment was lifted by the easing of Middle East tensions, after ...
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Chevron Is Following ExxonMobil by Entering the Lithium SectorFollowing Exxon's blueprint Chevron's move into the Smackover follows Exxon's prior entry into the lithium supply sector. In 2023, the oil giant reportedly paid around $100 million for more than ...
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