ExxonMobil is a gigantic energy company, sporting a massive $470 billion market cap. Chevron isn't far behind with a market ...

The Japanese automakers were hoping to strengthen their position together to compete with China, Tesla, and Toyota.

Exxon reported $34B in earnings and $55B in operating cash flow in 2024, maintaining a 15% five-year average ROCE. See why I ...

2025 looks more challenging for the oil and gas industry.

On Tuesday, Chevron Corp (NYSE: CVX) disclosed that its oil and gas reserves have dwindled to their lowest levels in over ten years, underscoring the critical nature of its planned acquisition of Hess ...

Oil prices declined in 2024 due to macro challenges in China and an increase in supply from the U.S. and non-OPEC (Organization of the ...

Mr. Cavalier of Matrix added,“We are honored to have advised Dunne Manning on the divestment of PMI Lubricants. PMI is a very well-managed lubricants distributor, led by the talented Kathy Draper.

Pioneer Natural Resources, previously the largest independent energy company based in the region, repaid millions in ...

Key stats: Exxon repurchased $19 billion in shares in 2024 and will repurchase $20 billion in 2025 and 2026. At year-end, the net debt-to-capital ratio ticked up to 6%, but it remains very low.

Energy stocks struggled as refining margins dragged down earnings for Exxon Mobil and Chevron. Exxon managed to offset some weakness with higher oil production and cost-cutting measures ...

Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.

This merger is anticipated to further bolster ExxonMobil's reserves and production capabilities. In terms of financial guidance, the company remains committed to prudent capital allocation and ...