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 Chevron have reported record profits from refining operations. Consumer spending remains strong, growing at 3.5% after inflation, highlighting robust demand despite inflationary pressures. The ongoing geopolitical tensions continue to cause volatility in energy prices, impacting industries like trucking and grocery supply chains.
As of Oct 31, 2026 02:21 WIB, ExxonMobil (XOM) shares are trading at USD 186.38 with a 1-day gain of 1.68%, while Chevron (CVX) is priced at USD 235.00, up 1.53% on Pluang. Both energy giants show strong investor interest with a typical hold time of about 100 days and a majority of buy orders at 59%. Chevron offers a dividend yield of 3.08%, the highest among the two, highlighting its appeal to income-focused investors.
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...
Exxon Mobil's shares have surged 55% in 2026, pushing its dividend yield to a near historic low of 2.33%. Despite this rally and oil market uncertainties, Exxon has maintained a strong dividend payout of $4.12 per share annually, supported by solid f...
The Energy Select Sector SPDR Fund (XLE) has seen its share price rise 57% over the past year, while its dividend payout grew only about 6%, causing the dividend yield to fall from 3.4% to around 2.4%. This divergence means new investors pay more for...
Exxon Mobil will release its third-quarter results on October 30, highlighting a $4.5 billion gain from refining despite lower average crude prices. The previous quarter saw strong refining performance offsetting upstream production losses, with reco...
