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Exxon, Chevron Earnings In Q1 Fall. Supermajors Spar Over South America's Oil Jewel.

Exxon, Chevron Earnings In Q1 Fall. Supermajors Spar Over South America's Oil Jewel.
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Lower profits at US oil giants still mighty enough for big investor payouts

Lower profits at US oil giants still mighty enough for big investor payouts
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Lower profits at US oil giants still mighty enough for big investor payouts

ExxonMobil and Chevron reported lower but still strong profits Friday as they push ahead with hefty shareholder payouts and major acquisitions."In 2023, we returned more cash to shareholders and produced more oil and natural gas than any year in the company's history," said Chevron Chief Executive Mike Wirth of an 18 percent jump in payouts to $26 billion. ....

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ExxonMobil Boosts Shareholder Payouts Despite Profit Drop

ExxonMobil Boosts Shareholder Payouts Despite Profit Drop
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Lower Profits At US Oil Giants Still Mighty Enough For Big Investor Payouts

ExxonMobil and Chevron reported lower but still strong profits Friday as they push ahead with hefty shareholder payouts and major acquisitions. ....

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