New York Times | Exxon and Chevron Earnings Hurt by Low Oil Prices New York Times Oil pumping jacks in Bakersfield, Calif., in a field primarily operated by Chevron. Earnings for oil companies are expected to improve in the second quarter because oil prices have rebounded. Credit Mark Ralston/Agence France-Presse — Getty Images. Big Oil, Big Mistake: Investors Overpay for Income at Exxon Exxon earnings and revenue beat analysts' expectations ExxonMobil profits crash to lowest level since 1999 |