27-10-2017 16:24 via yahoo.com

Exxon Mobil (XOM), Chevron (CVX) Stocks Sag

Oil majors Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation ( CVX) saw their stocks dip Friday, despite reporting solid earnings as the global oil market showed modest signs of improvement in the third quarter.Exxon stock dropped 1 percent after the company reported earnings per share of 93 cents on $66.1 billion in revenue for the quarter.Both numbers topped analyst expectations of 86 cents and $63.3 billion, respectively.
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