Bonus Episode for Feb. 19. President Trump wants to slash regulations to help big energy companies. But he also wants to see the price of crude oil fall, an unwelcome prospect for companies such as Exxon and Chevron. In their latest quarterly earnings reports oil giants watched their annual profits dip as a result of anemic natural-gas prices and slimmer margins in their refining operations. Now, many are trying to prepare for far less favorable market conditions and more strategy shifts ahead.
Chip Cutter hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy.
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What’s News in Earnings: Oil Companies See Mixed Fortunes Under Trump | WSJ What’s News podcast - Listen or read transcript on Metacast
