ExxonMobil and Chevron top estimates for Q3 as Americans feel gas price pain
ExxonMobil and Chevron both beat analysts’ Q3 earnings expectations, driven by higher oil prices and record production levels. The U.S. majors posted stronger‑than‑predicted revenue and profit, reflecting a robust market for crude and refined products. Despite the gains, consumers continue to feel the impact of rising gasoline costs. Analysts said the beat could lift dividends and share buybacks.