From April to September 2026, over 50 major U.S. oil and gas companies earned more than $130 billion, nearly 2.8 times their profits from the same period in 2025. This surge is largely due to supply disruptions caused by war in the Middle East and Russia, which tightened fuel availability and boosted refining margins. ExxonMobil and Chevron reported strong third-quarter results, with Chevron's profit nearly tripling. However, American consumers face higher fuel costs, with an estimated $147 billion extra spent since February 2026. The future depends on political developments after the November 3 midterm elections, as renewed conflict could sustain high prices, while a ceasefire might ease supply and reduce profits.
ExxonMobil and Chevron shares are near their 52-week highs on Pluang, trading at USD 187.25 and USD 235.48 respectively, with both stocks showing positive 1-day changes of +2.16% and +1.74%. This reflects continued investor interest in the energy sector amid high oil profits. These prices are as of Oct 31, 2026 19:11 WIB.
ExxonMobil and Chevron posted strong third-quarter 2026 earnings, driven by robust cash flow, operational efficiency, and strategic investments. ExxonMobil reported $15.4 billion in earnings and plans a $20 billion share buyback in 2027, while Chevro...
Chevron and Exxon Mobil have surged nearly 60% this year, yet their rising stock prices mean new investors receive lower dividend yields compared to those who bought earlier. A $100,000 investment split equally between the two yields about $2,659 ann...
Gasoline prices in the US have risen sharply due to supply disruptions from conflicts in Iran and Ukraine, pushing the national average above $4 per gallon. Despite higher pump prices burdening consumers, major US oil companies like ExxonMobil and Ch...
BP reported a third-quarter profit of $8.5 billion, nearly four times last year's $2.2 billion, driven by strong refining margins and higher oil prices. Despite this, BP's stock barely moved, reflecting cautious investor sentiment as CEO Meg O’Neill ...
Jim Cramer recommended swapping ExxonMobil for Chevron, citing Chevron as the better investment. Both companies report Q3 earnings on October 30, which will reveal if Chevron's performance outpaces Exxon, especially given Chevron's smaller impact fro...
