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"They're going to give some of that back to the public, and they better cut the retail price," President Donald Trump says when asked about the profits of ExxonMobil and Chevron during remarks with reporters at the White House.
The Energy sector is reporting the highest earnings growth clip of all 11 market sectors at 128.2% Y/Y, well above the S&P 500 average at 37.9%
Trump is furious at the oil companies profiting from a war his own administration is fighting, and now a DOJ probe and a possible export ban are putting billions in quarterly earnings directly in the crosshairs.
Small-cap oil stock Forum Energy Technologies broke out on Monday after blowout second-quarter earnings. Most oil stocks fell with crude prices, though many of them are eyeing buy points in a busy week of earnings for the oil and gas sector.
(Bloomberg) -- President Donald Trump scolded ExxonMobil Holdings Corp. and Chevron Corp. for their soaring profits, as oil prices surged amid the war in Iran he launched in February alongside Israel. Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedAlibaba Adds to China AI Breakthroughs With New Qwen Model Beer Dynasty Families Sell €731 Million Stake in AB InBevIran Says Hormuz Talks Ongoing After Trump Calls Off StrikesStocks, Bonds Rise as US-Iran Hopes Spur Oil Dr
Investing.com -- President Donald Trump criticized oil companies on Monday and demanded they reduce gasoline prices for American consumers.
(Bloomberg) -- President Donald Trump criticized Chevron Corp. Chief Executive Officer Mike Wirth for failing to mention his administration’s pro-fossil fuel policies in an interview with Fox Business Network and called on oil companies to bring pump prices “DOWN, NOW!” Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedAlibaba Adds to China AI Breakthroughs With New Qwen Model Saudi Prince Concerned Over Trump’s Iran Strike Plan: AxiosStocks, Bonds Rise as US-Iran Hopes
The two seemingly similar energy giants have a few discernible differences, but there's really only one difference that matters to income-growth-seeking investors.
ExxonMobil Holdings (NYSE:XOM) reported exceptionally strong Q2 2026 earnings. The company reached its highest upstream production in more than two decades. Permian output set a new record for the quarter. Management addressed global refining capacity constraints that are affecting fuel prices. ExxonMobil enters Q2 2026 with momentum across its core businesses, from upstream production to refining and chemicals. The company operates a broad portfolio of oil and gas assets, including a large...
Oil and gas giants raked in massive spring profits while fighting between Iran and the US impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages.View on euronews
ExxonMobil leads this list of reliable dividend stocks, offering investors yields of up to 5.7%.
As stocks pull back from recent highs, lean into these three blue chip dividend stocks.
The geopolitical conflict in the Middle East is raging again, leaving investors in an uncertain position... again.
In a CNBC interview, the oil executive explained the disconnect between crude oil and gasoline prices.
(Bloomberg) -- High fuel prices are likely to stick around even if oil prices drop in the coming months as the wars in Russia and Middle East leave global refining capacity critically short, ExxonMobil Holdings Corp. and Chevron Corp. warned. Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesMoonshot’s Kimi Uses 20,000 Nvidia Chip Cluster From AlibabaTrump Orders Iran Attack as Soon as This Weekend, WSJ SaysIndia’s Family Offices Embrace Profit-Sharing to At
ExxonMobil (NYSE:XOM) reported second-quarter earnings of $14.5 billion and cash flow from operations of $23.6 billion, as the company said global supply disruptions and conflict in the Middle East tightened markets for energy, chemical and specialty products. Chairman and Chief Executive Officer D
Investing.com -- President Donald Trump has ordered the U.S. military to launch a fresh attack against Iran that could begin as soon as this weekend and continue for several days, the Wall Street Journal reported, citing American officials.
ExxonMobil Holdings Corporation will release its second-quarter earnings report before the opening bell on Friday, July 31. Analysts expect the company to report quarterly earnings of $3.68 per share, up from $1.64 per share in the year-ago period. The consensus...
Exxon's (XOM) second quarter earnings fell short of Wall Street's expectations, despite last quarter's surge in oil (CL=F, BZ=F) prices. Yahoo Finance Breaking Business News Reporter Jake Conley takes a closer look and explains how Chevron (CVX) differs from Exxon.
Lower crude prices may no longer bring quick relief
Exxon's quarterly profit more than doubled, but lower production and an earnings miss outweighed stronger oil prices.
Key takeawaysEuropean benchmark gas prices gained more than 30 per cent in July, ending a three-month losing streak. EU gas storage finished the month at roughly 55 per cent capacity, below historical averages and last year’s level.
The Big Oil giants are taking home near-record profits from high oil and fuel prices worldwide.
Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index rising 0.3% and the St
Oil giants Exxon (XOM) and Chevron (CVX) reported second quarter earnings. Melius Research managing director and head of Energy and Power Research, James West, joins Julie Hyman on Market Catalysts to discuss the state of the oil market, what stood out in the results, and why both companies are prioritizing debt reduction.
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