Previous close | 59.87 |
Open | 59.87 |
Bid | 61.50 |
Ask | 65.85 |
Strike | 95.00 |
Expiry date | 2025-01-17 |
Day's range | 59.87 - 59.87 |
Contract range | N/A |
Volume | |
Open interest | 259 |
Exxon Mobil (XOM) and Chevron (CVX) reported their first quarter earnings, with both companies revealing a fall in revenue for the quarter compared to the same period last year. However, both companies beat Wall Street expectations for revenue for the quarter. Chevron claims the revenue drop is partly due to lower margins on refined product sales. Yahoo Finance Reporter Ines Ferre joins The Morning Brief to analyze the latest developments for these companies and what they mean for the stocks moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
Chevron and ExxonMobil said EPS dropped from a year earlier as they grappled with lower natural gas prices and refining margins.
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