Exxon, Chevron stocks gain as Wall Street cheers earnings and Exxon's massive share buyback - MarketWatch

Exxon Mobil Corp. and Chevron Corp. shares rose on Friday amid broad weakness for energy equities, boosted by quarterly results that were better than Wall Street anticipated.

Earlier Friday, Exxon XOM reported adjusted earnings of $1.58 a share on sales that jumped nearly 60% to $73.8 billion. FactSet consensus called for adjusted earnings of $1.56 a share on sales of $71.13 billion.

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