ExxonMobil, Chevron Top Profit Estimates
1. ExxonMobil exceeded EPS estimates but reported flat revenue year-over-year. 2. Chevron beat profit estimates but fell short on revenue forecasts. 3. Chevron plans significantly lower stock buybacks in Q2 amid declining oil prices. 4. Chevron's shares declined 2% post-report; CVX down 6% year-to-date.