ExxonMobil & Chevron's Banner Results: Which Is the Better Dividend Stock?
Sun, Feb 11, 2024 4:07 PM

ExxonMobil & Chevron's Banner Results: Which Is the Better Dividend Stock?

A Flip by Shubhangi Gupta
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ExxonMobil (XOM) and Chevron (CVX) both reported strong fourth-quarter and full-year 2023 results on Feb. 2. While Chevron's rally outperformed Exxon's slump on that day, both stocks have performed well over the last three years, with Exxon up 115% and Chevron up 71.1%. With Brent crude oil prices expected to remain relatively stable at $82 per barrel in 2024 and $79 per barrel in 2025.

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