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Exxon Surpasses Expectations; Chevron's Dividend Amid Decline

1/31/2025

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Summary

Exxon, Chevron Earnings

Analysts predict Exxon will report Q4 EPS of $1.55 and revenue of $86.33 billion, down from $2.48 EPS last year.
Chevron's EPS is expected at $2.11 with revenue of $46.6 billion, a decrease from $3.45 EPS last year.
Both companies will announce earnings on January 31, 2025, amid volatile oil prices.
Chevron increased its dividend despite missing estimates, while Exxon surpassed expectations.

Summary

Robeco Reduces Chevron

Robeco Institutional Asset Management cut its Chevron holdings by 15.1% in Q4, contrasting with other investors who increased theirs.
CEO Michael K. Wirth sold 164,600 shares, decreasing his ownership by 97.47%.
Barclays raised Chevron's price target to $174, while UBS set it at $195.
Chevron's stock holds a "Moderate Buy" rating, with an average target price of $175.27.

History

Historical Context

Exxon and Chevron's earnings decline reflects a broader trend in the oil industry, reminiscent of the 2014 price crash. That downturn forced major players to adapt, leading to significant mergers and a focus on efficiency. Today's volatility continues to challenge these giants, impacting their financial strategies.

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Exxon, Chevron Earnings

Analysts predict Exxon will report Q4 EPS of $1.55 and revenue of $86.33 billion, down from $2.48 EPS last year.
Chevron's EPS is expected at $2.11 with revenue of $46.6 billion, a decrease from $3.45 EPS last year.
Both companies will announce earnings on January 31, 2025, amid volatile oil prices.
Chevron increased its dividend despite missing estimates, while Exxon surpassed expectations.

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