) shares dropped as the company missed on profit for the second quarter. The company also announced that three of its senior VPs will be retiring and its headquarters will relocate to Houston, Texas from San Ramon, California.First up Exxonmobil posting a 7 17% rise in net income from a year ago after seeing record production in Guyana and Premium Basin, you're looking at gains just shy of 1% on the flip side though Chevron, on the other hand, missing second quarter profit expectations.
You're looking at losses there shortly after the open of just about 2.5% Nes Ray joining us now with a breakdown of the two highness.And as you just mentioned, the key takeaway really is that Chevron missed on earnings expectations on lower refining margins.Both of these companies performance really driven by their oil and gas production.
So another company that goes to Texas and as for the stake in Guyana and that asset that is in dispute and holding up that hes merger, both of the oil giants Exxon Mobil and Chevron are confident that each one will win Darren Woods of Exxonmobil's Exxonmobil CEO saying that the arbitration over Guyana will be resolved in September 2025.Lin wins controversial first bout in ParisThe Kremlin has admitted that several of the people returned to Russia in Thursday’s prisoner swap were spies.
London, United Kingdom-- - Edison issues report on Picton Property Income .Picton Property Income is an internally managed UK REIT that invests in a diversified portfolio of commercial property across the UK. It is total return driven with a strong income focus and aims to generate attractive returns through proactive management of the portfolio.Picton Property Income's Q125 trading update shows DPS, increased by 6% from Q423, fully covered ...
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