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XOM vs. CVX: Big Oil Earnings Preview Amid Sub-$70 Crude Environment

XOM vs. CVX: Big Oil Earnings Preview Amid Sub-$70 Crude Environment

Author:

Global Cryptocurrency

Published:

2025-10-30 23:33:02

19

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BTCCSquare news:

ExxonMobil and Chevron face Wall Street skepticism ahead of Q3 earnings releases tomorrow. Both energy giants are expected to report year-over-year declines in revenue and EPS despite production increases, with XOM projected to show $86.47 billion revenue (-0.72% YoY). The sector continues grappling with sub-$70 crude prices, forcing cost-cutting measures across the industry.

Barclays analyst Betty Jiang recently adjusted price targets for both companies, reflecting cautious sentiment. Market attention now focuses on which supermajor offers better upside potential as operational efficiencies battle against macroeconomic headwinds in the energy sector.

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