_analysts-predict-chevron-and-exxonmobil-will-report-lower-q1-profits-despite-rising-oil-prices.jpg "Analysts Predict Chevron and ExxonMobil Will Report Lower Q1 Profits Despite Rising Oil Prices from riz productions Video Screenshot Preview"){kind=icon}
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✓ Published: 27-Apr-2024
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✓ Published: 27-Apr-2024
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Chevron and ExxonMobil are expected to report lower first-quarter profits than last year despite higher oil prices. Falling natural gas prices and lower refining margins impacted the oil majors' results. Natural gas makes up about a third of Chevron's hydrocarbon production, and prices were down 20% year over year. Investors will watch for updates on Chevron's proposed Hess acquisition and ExxonMobil's dispute over the deal. Analysts expect oil prices to remain above $80 but profits to decline in coming quarters.
Chevron and ExxonMobil are expected to report lower first-quarter profits than last year despite higher oil prices. Falling natural gas prices and lower refining margins impacted the oil majors' results. Natural gas makes up about a third of Chevron's hydrocarbon production, and prices were down 20% year over year. Investors will watch for updates on Chevron's proposed Hess acquisition and ExxonMobil's dispute over the deal. Analysts expect oil prices to remain above $80 but profits to decline in coming quarters.
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_heeramandi-season-01-episode-08-124-netflix.webp "Heeramandi: The Diamond Bazaar is an Indian Hindi-language period drama television series created and directed by Sanjay Leela Bhansali. The series is about the lives of tawaifs at the red-light district of Heera Mandi in Lahore during the Indian independence movement against the British Raj. It stars Manisha Koirala, Sonakshi Sinha, Aditi Rao Hydari, Richa Chadha, Sanjeeda Sheikh and Sharmin Segal.<br/><br/>Principal photography took place from June 2022 to June 2023. The series was released on Netflix on 1 May 2024.")
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