XOM, CVX: Earnings Beat Despite Headwinds

Stewart Glickman notes that Exxon Mobil (XOM) and Chevron (CVX) are navigating a complex landscape of pricing headwinds and geopolitical volatility. He highlights that while year-over-year earnings have dipped, both companies beat fourth-quarter expectations through aggressive structural cost savings. Glickman points out that Exxon Mobil maintains a competitive edge over Chevron due to its superior balance sheet and larger stake in the Guyana project. Finally, he warns that potential supply disruptions in the Middle East could sideline millions of barrels, forcing a difficult balance between military objectives and surging crude prices.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about