Investing.com - Chevron (NYSE:CVX) posted lower-than-anticipated fourth-quarter income as tepid U.S. fuel demand dented margins and led its downstream unit to slip to a loss.

Chevron CEO Mike Wirth joins 'Squawk Box' to discuss the company's quarterly earnings results, energy production outlook, headwinds in 2025, state of the Chevron-Hess deal, impact of inflation, ...

That's the record amount Exxon Mobil distributed to shareholders last year, despite a fall in annual profit. Meantime, rival Chevron boosted dividends and share repurchases to $27 billion. Dig deeper: ...