Chevron Corporation (CVX) & Exxon Mobil Corporation (XOM): What’s The Difference?

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As the nation’s No. 1 natural gas producer, Exxon Mobil Corporation (NYSE:XOM) sees its upstream business gaining far more than its downstream business loses under an increased export scenario. Its thoughts are that while its downstream business might have bailed it out this quarter, higher oil and natural gas prices are what will drive its future profits. That will enable the company to earn more on its current production while also investing to increase production from sources that currently don’t have the economic terms that meet its current return criteria. So while its downstream operations bailed it out this quarter, Exxon Mobil Corporation (NYSE:XOM) would much rather see its upstream operations fueling its earnings.

The article Chevron Didn’t Get Bailed Out Like ExxonMobil originally appeared on Fool.com and is written by Matt DiLallo.

Fool contributor Matt DiLallo has no position in any stocks mentioned. The Motley Fool recommends Chevron and has options on Chesapeake Energy.

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