Investment
Features
FeesSafety
Academy
More
Pluang+

Chevron and ExxonMobil outperform S&P 500 despite Wall Street calling energy stocks 'behind'.

Market News
05 Oct 2026
24/7 Wall Street
View Source
Bullish
Chevron and ExxonMobil outperform S&P 500 despite Wall Street calling energy stocks 'behind'.

Despite claims by a fund manager that energy stocks lag the broader market, Chevron and ExxonMobil have outperformed the S&P 500 over the past year, gaining roughly 33-34% compared to the S&P 500's 13%. Both companies trade at about 15 times next year's earnings with attractive dividend yields, making them relatively cheap compared to the overall market. Strong earnings reports, rising analyst estimates, and strategic deals like Chevron's 20-year power agreement with Microsoft support their growth outlook. However, potential declines in crude oil prices could affect future valuations and returns.

As of Oct 05, 2026 18:41 WIB, Chevron trades at USD 205.62 on Pluang, down 0.56% for the day. ExxonMobil is priced at USD 163.02 with a 1-day decline of 0.60%. Both energy giants offer dividend yields above 2.5%, with Chevron at 3.44% and ExxonMobil at 2.51%, reflecting their appeal despite recent price dips.

More News (CVX)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App