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0.000231267345050888 0.000231267345050888 0.000770891150169552 -0.000154178230033998 0.000693802035152663 7.70891150168895E-05 -0.00092506938020355 -0.0018501387604071
Stock impact report

When Oil Falls but Exxon and Chevron Don't [Yahoo! Finance]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Yahoo! Finance
Last year, investors appreciated the returns that were kept despite the oil price slide. They also cheered the strategic pivot of European majors to focus back on boosting their upstream production, Exxon and Chevron's record-breaking Permian output, the synergies the U.S. supermajors began reporting from recent multi-billion-dollar acquisitions, and the cost-cutting measures of all five Big Oil firms. This year, the majors face a more challenging test and potentially a more delicate balancing act to please investors as prices continue to linger in the low $60s per barrel, except for brief spikes on geopolitical news. The share price rally against falling crude oil prices could come to an end as Big Oil may have to choose to sacrifice some buybacks as profits are set to slide with the expected lower oil price, analysts say. Good 2025 for Cash Flows and Cost Cuts Last year, the supermajors moved to streamline operations, reduce job numbers in the thousands, and, in the case of Show less Read more
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