Post Tagged with: "beats profit forecast"

Source: Reuters

U.S. refiner Valero Energy beats profit forecasts in Q1

Oil Price


One of the largest U.S. refiners, Valero Energy (NYSE: VLO), saw its adjusted net income more than halve in the first quarter compared to a year earlier, but earnings nevertheless beat the analyst consensus estimate amid …

Source: Reuters

Exxon beats profit forecasts with strong Q4 earnings

Oil Price


ExxonMobil (NYSE: XOM) posted higher-than-expected earnings for the fourth quarter, while its full-year profit was the second-highest in a decade, as the U.S. supermajor boosted its Guyana and Permian production and achieved record annual refinery throughput.…