tag Chevron

Exxon, Chevron Hit by Low Crude Prices

EghtesadOnline: Low crude prices and weak refining margins weighed on third-quarter profits at US oil giants ExxonMobil and Chevron in reports Friday, but earnings rose compared with the prior two quarters.
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Publish Date:29/October/2016 | 15:52

Oil Majors Face Ratings Cuts Amid Weak Recovery, S&P Global Says

EghtesadOnline: Exxon Mobil Corp., Chevron Corp. and other oil majors could see their credit ratings slashed again if they fail to cut costs and reduce their growing debt loads in the next year, according to an S&P Global Ratings report.
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Publish Date:12/July/2017 | 04:30

Oil Giants Have Nowhere to Hide From Doomsday Market

EghtesadOnline: Exxon Mobil Corp. and Royal Dutch Shell Plc this week reported their lowest quarterly profits since 1999 and 2005, respectively. Chevron Corp.’s third straight loss marked the longest slump in 27 years, and BP Plc lodged its lowest refining margins in six years.
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Publish Date:31/July/2016 | 11:22