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Article CBS News

Exxon Mobil, Chevron earnings fall, but top revenue expectations

Bearish -55.0
−100 Bearish 0 +100 Bullish
Exxon Mobil, Chevron earnings fall, but top revenue expectations

Earnings reports for Exxon Mobil and Chevron showed a decrease in profits during the last fiscal quarter due to Iran war disruptions. Despite the loss on paper, both U.S. oil giants topped Wall Street expectations when it came to revenue for the three month period ending March 31. CBS News business contributor Javier David has more.

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Article Info
Source CBS News
Published May 2, 2026 · 12:05 am
Article ID 5d5967b
Original URL Open source
Sentiment Signal
Bearish -55.0
−100Neutral+100
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