Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud with each other.

Friday, after the oil and gas giant reported quarterly profit that dropped, but beat expectations, while production was flat and revenue fell short of forecasts. The Houston-based company said reasons for the earnings decline included reduced profitability on refined product sales and lower realizations,

President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.