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What the Chevron-Anadarko deal means for Permian shale

by Jack Stewart Apr 12, 2019
Will there be other deals like it?
Justin Sullivan/Getty Images

A turnaround for oil companies?

by Scott Tong Feb 1, 2019
Some investors are optimistic that Big Oil has been able to ride out the plummeting prices of late last year.

U.S. oil companies take cautious approach despite higher prices and demand

by Renata Sago Apr 27, 2018
With the U.S.-based oil giants Chevron Corp. and Exxon Mobil Corp. scheduled to release their first quarter 2018 earnings Friday morning, we look at the state of the oil industry. Companies are reaping the benefits from higher oil prices and demand. But…

Higher oil prices and higher output give U.S. more clout

by Andy Uhler Jan 31, 2018
Prices for West Texas crude oil are hovering around $65 a barrel. That’s more than twice the price at this time just two years ago. Oil companies, including major players like Exxon Mobil and Chevron, have let investors know they’re increasing…

Oil earnings bubbling up

by Mitchell Hartman Oct 27, 2017
Exxon and Chevron report earnings today. Yesterday ConocoPhillips reported income that beat analysts’ estimates. Earlier in the week oil services firm Halliburton delivered strong earnings, with revenue up 10 percent. The earnings indicate the energy industry is in a minor…

CEO switch up at Chevron is expected

by Aaron Schrank Aug 24, 2017
Chevron CEO John Watson is likely to step down soon, the Wall Street Journal reported this week. If there is a switch up at Chevron, it’s not because of losses. Chevron continues to outperform competitors in a turbulent time. A new…

Investors want Exxon to account for climate change

by Jed Kim May 24, 2016
ExxonMobil faces a shareholder resolution at its annual meeting
Oil covers a local resident's boot at Refugio State Beach in Goleta, California, May 19, 2015. 
ROBYN BECK/AFP/Getty Images

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Oil companies are pressed to address climate change

by Ashley Milne-Tyte May 12, 2016
A study says investors care more about climate change than corporate managers.
An oil rig in Taft, California extracts crude.
David McNew/Getty Images

ExxonMobil and Chevron profits slide on low oil prices

by Marketplace Staff Apr 29, 2016
ExxonMobil saw it's lowest quarterly profits since 1999 while Chevron had a quarterly net loss of $725 million.
Oil rigs extract crude for Chevron at sunrise. The company's shares fell 0.6 percent Friday morning after reporting a quarterly net loss of $725 million.
David McNew/Getty Images

How falling prices affect big oil companies

by Scott Tong Oct 31, 2014
Lower prices at least make refining more profitable