ExxonMobil
The Paradox of Plenty: Exxon and Chevron Hit Record Production Amid Crude Price Slump
As the final quarterly reports for 2025 filter through the financial markets this January 30, 2026, a striking paradox has emerged for the titans of American energy. ExxonMobil (NYSE:XOM) and Chevron (NYSE:CVX) have both reported all-time record production levels, flooding the market with oil from the Permian Basin