The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.
E xxon Mobil and Chevron will announce first-quarter earnings and revenue early Friday as the two U.S. supermajors continue to squabble over Chevron's attempt to move into oil-rich Guyana. Both XOM ...
ExxonMobil and Chevron both reported a dip in profits Friday on lower refining margins and natural gas prices, but ExxonMobil's big takeover appears on track to close before Chevron's.