Exxon Profit Misses Estimates as Natural Gas, Refining Falter
Exxon Mobil Corp. fell short of analysts’ expectations with a third straight drop in profit — the longest
2023-07-28 18:54
Shell Pledges Extra Buybacks, Hikes Dividend as Profit Drops
Shell Plc’s second-quarter profit fell from the highs seen last year but the company pledged extra share buybacks
2023-07-27 15:51
Buffett Lifts Fossil Fuel Bets as Global ESG Push Mints Bargains
Warren Buffett’s multibillion-dollar purchases of oil and gas investments early in the pandemic paid off when the sector
2023-07-25 17:55
Asia Shares Set to Gain as China Vows Stimulus: Markets Wrap
China is set to lead Asian stocks higher on optimism of more economic stimulus to come from Beijing,
2023-07-25 06:51
Chevron Considers Lithium Production in Latest EV Bet by Big Oil
Chevron Corp. is considering opportunities to produce lithium that would be used in electric vehicle batteries, Chief Executive
2023-07-24 23:26
Big Oil’s Weak Chemical Margins Add to Pain of Cheaper Crude
Plunging margins for petrochemicals are set to take a bite out of Big Oil’s quarterly profits, adding to
2023-07-24 15:46
Chevron Beats Earnings Forecasts While Extending CEO’s Tenure
Chevron Corp. posted better-than-expected earnings as output in the Permian Basin soared to a record and the oil
2023-07-24 07:49
Chevron Posts $6 Billion Quarterly Earnings, Beating Estimates
Chevron Corp. reported second-quarter earnings of $6.01 billion, beating analyst estimates. The figures, while down 48% from the
2023-07-24 04:47
Rising Consumer Pain Triggers Wall Street Concern: Credit Weekly
US consumers, particularly those with lower incomes, are running into financial trouble as pandemic savings disappear, a headwind
2023-07-23 03:28
AutoNation, Carvana See Prices Falling as Margin Pressure Grows
AutoNation Inc.’s top executive warned that softening car prices will likely fall further as inventory grows, a welcome
2023-07-21 23:59
Carvana’s CEO Sees Weaker Used-Car Prices Stimulating Demand
A surge in used-car prices padded Carvana Co.’s bottom line early in the pandemic. As the market for
2023-07-21 03:25
Apollo, Pimco Show Creditors Can Play Nice With Carvana Deal
A pact among Carvana Co. creditors to work together as they negotiated how to restructure the used-car dealer’s
2023-07-20 10:53