Exxon Mobil and Chevron posted lower third-quarter earnings Friday but said they will continue to ratchet up production even as oil prices languish near $60 a barrel. Exxon’s quarterly profit came in at $7.5 billion, down 12% from the same period a year ago. Chevron, meanwhile, posted a $3.5 billion profit, down 21% from a year earlier.
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Exxon, Chevron Earnings Fall as Output Climbs And Prices Drop
Published 1 week ago
Oct 31, 2025 at 10:30 AM
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