Oil giants Chevron (CVX) and Exxon Mobil (XOM) both topped their third quarter earnings estimates. Exxon shares have slightly tipped into negative territory since Friday morning, while also increasing its fourth quarter dividend for its 42nd year.

Market Domination hosts Julie Hyman and Josh Lipton discuss the energy company's profit figures, noting the Permian Basin oil production that helped offset weakening crude oil prices (CL=F, BZ=F).

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This post was written and updated by Luke Carberry Mogan.