Monday, May 4, 2026
Exxon Mobil signals first profit in five quarters on price gains- oil and gas 360

Exxon Mobil signals first profit in five quarters on price gains

Reuters HOUSTON  -Exxon Mobil Corp could post its first profit in five quarters on improved results across its businesses, with higher oil and gas prices providing a lift of as much as $2.7 billion, offset by costs from a February deep freeze. The largest U.S. oil producer last year posted consecutive quarterly losses as falling oil prices and refining margins

Chesapeake Energy Corporation successfully emerges from financial restructuring- oil and gas 360

Chesapeake Energy Corporation successfully emerges from financial restructuring

Oil and Gas 360 OKLAHOMA CITY, Feb. 9, 2021 /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ: CHK) announced today that it has successfully concluded its restructuring process and emerged from Chapter 11, satisfying all conditions precedent under its Plan of Reorganization (the “Plan”). Highlights of the reorganized Chesapeake include:   Anticipated cumulative free cash flow of more than $2 billion over the