Previous Close | 23.90 |
Open | 23.92 |
Bid | 30.30 |
Ask | 33.70 |
Strike | 135.00 |
Expire Date | 2025-01-17 |
Day's Range | 23.60 - 24.40 |
Contract Range | N/A |
Volume | |
Open Interest | 47 |
Energy giants Exxon Mobil (XOM) and Chevron (CVX) are experiencing divergent stock performance following the release of their respective first quarter earnings reports today. Both companies faced headwinds from lower national gas prices and narrowing refining margins, which put pressure on their first quarter profits. However, Chevron managed to surpass expectations on adjusted earnings per share. Yahoo Finance's Jared Blikre and Julie Hyman discuss each company's first quarter earnings report, providing insights into how their financial performance is impacting share prices. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
Chevron and ExxonMobil said earnings per share dropped from a year earlier as they grappled with lower natural gas prices and refining margins.
Hess Corp set May 28 for a special meeting of shareholders to vote on Chevron Corp 's $53 billion buyout offer, the company said in a securities filing on Friday. Chevron last October offered to acquire Hess Corp in a move to gain a foothold in oil-rich Guyana's lucrative offshore fields. The deal has been stalled by a regulatory review and challenged by Exxon Mobil, which has filed an arbitration claim that could block the deal.