Wall Street Journal | Exxon, Chevron Profits Soar as Big Oil Returns to Dominance Wall Street Journal Big oil companies saw their profits slump following a world-wide plunge in oil prices that began in 2014 and lasted several years. But prices have recovered this year, and the companies saw a marked uplift to their profits as a result in the third quarter. Exxon cashes in on higher oil prices — profit soars 57% Exxon, Chevron Surprise Wall Street as Permian Boosts Results |