Exxon soars in Q2 earnings, Chevron slumps: What investors should know
ExxonMobil and Chevron, the largest oil and gas companies in the US by market capitalization, reported their Q2 earnings on Friday, highlighting divergent strategies and outcomes in a challenging market. While both companies faced pressure from declining refining margins, Exxon managed to weather the storm more effectively than Chevron, showcasing its robust strategic adjustments and