Shares of Chevron slid by more than 3% even after the oil giant boosted its dividends. Exxon's liquids production rate remained at a 40-year high as offshore Guyana fields prove even more lucrative ...
That's the record amount Exxon Mobil distributed to shareholders last year, despite a fall in annual profit. Meantime, rival Chevron boosted dividends and share repurchases to $27 billion. Dig deeper: ...
Profits for Exxon Mobil and Chevron 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.