XOM

Exxon hits record profit and Chevron’s triples amid high energy prices, sending stocks higher premarket

Wall Street investors bid up Exxon Mobil Corp. and Chevron Corp. shares Friday after both oil majors more than tripled their profits to surpass analyst expectations, on the heels of high energy prices. Exxon Mobil XOM, +1.17% rose 2.5% in premarket trades after the company said its second-quarter profit jumped to $17.85 billion, or $4.21 …

Exxon hits record profit and Chevron’s triples amid high energy prices, sending stocks higher premarket Read More »