ExxonMobil and Chevron easily swept aside analyst estimates as the battered giants of the U.S. oil industry shook off two-and-a-half years of low oil prices and reported surging profits in the first quarter.
Exxon, the worldâs biggest oil producer by market value, earned 95 cents a share, outperforming all but one of the 19 analystsâ estimates in a Bloomberg survey.
Chevron, the second-largest U.S. driller, swung to a profit in a big way, scoring its largest quarterly gain since 2014 and a per-s...
Share this post
← Back to Utah