
Exxon, Chevron beat earnings estimates as crude supply rises
Exxon Mobil and Chevron beat analysts’ estimates for earnings, production and sales, as rising oil production from the Permian Basin helped offset weaker crude oil prices. On Friday, Exxon’s adjusted third-quarter earnings beat expectations by five cents, while Chevron beat estimates by 11 cents. Shares rose 1.5% and 4%, respectively. The strong results supported the ...











