"ExxonMobil posted Q4 EPS of $1.71, beating the $1.66 estimate, while full-year revenue reached $332.24B. The real headline was production, hitting 4.7 million oil-equivalent barrels per day in Q4, its highest output in over 40 years."
"Chevron's full-year worldwide production hit a record 3,723 MBOED, up 12% year over year, with Hess contributing 261 MBOED in 2025. The Permian crossed its own milestone, reaching 1 million BOE per day."
"ExxonMobil's structural cost savings program has accumulated $15.1B since 2019, with a target of $20B by 2030. Its Energy Products segment delivered a sharp sequential recovery, with quarterly earnings rising over 80%."
"Chevron is moving faster on its cost reset, achieving structural cost reductions of $1.5B in 2025, with a $3-4B target by end of 2026, while diversifying beyond crude in ways ExxonMobil has not yet matched."
ExxonMobil and Chevron both reported strong Q4 results, with ExxonMobil achieving a record 4.7 million oil-equivalent barrels per day and Chevron reaching 3,723 MBOED. ExxonMobil's cost savings program has saved $15.1B since 2019, while Chevron has achieved $1.5B in structural cost reductions in 2025. Both companies are focusing on production growth, but Chevron is diversifying its operations more aggressively, including investments in renewable energy and lithium, while ExxonMobil's Chemical Products segment faces challenges due to weak margins.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]