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Profits surge at US oil giant amid Iran war supply shock
AFP5d agoneutral
Profits surge at US oil giant amid Iran war supply shock

US petroleum giants ExxonMobil and Chevron released blowout profits Friday, reflecting a major lift in business conditions from the Middle East war that easily offset negative effects at both companies.But Chevron also experienced some negative impacts from the war, pointing to reduced petroleum output from the "Partitioned Zone" between Saudi Arabia and Kuwait due to the war. 

Bloomberg5d agoneutral
Exxon Is Bullish on Mideast Despite Half-Million-Barrel War Hit

(Bloomberg) -- ExxonMobil Holdings Corp. is standing by Mideast growth plans despite the Iran conflict that knocked half-a-million barrels of the company’s daily production offline. Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesChip Stocks Post Biggest Advance Since April 2025: Markets WrapAnthropic AI Models Hacked Three Organizations During TestsUS Strikes Iran Again as Conflict Spreads Across Middle EastMicrosoft’s $450 Billion Jump Is Biggest in Stoc

Chevron’s (NYSE:CVX) Q2 CY2026: Strong Sales
StockStory5d agoneutral
Chevron’s (NYSE:CVX) Q2 CY2026: Strong Sales

Integrated energy company Chevron (NYSE:CVX) reported Q2 CY2026 results topping the market’s revenue expectations, with sales up 56.3% year on year to $70.06 billion. Its non-GAAP profit of $6.06 per share was 8.8% above analysts’ consensus estimates.

Bloomberg5d agobullish
Chevron Profit Surpasses Forecasts on War-Driven Price Rally

(Bloomberg) -- Chevron Corp.’s second-quarter results outperformed expectations as prices for crude, gasoline and diesel surged amid war-driven supply disruptions. Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesChip Stocks Post Biggest Advance Since April 2025: Markets WrapAnthropic AI Models Hacked Three Organizations During TestsUS Strikes Iran Again as Conflict Spreads Across Middle EastMicrosoft’s $450 Billion Jump Is Biggest in Stock Market HistoryAd

Chevron (CVX) Stock Looks Below Fair Value With Cash Flow But Above Fair Value On Earnings
Simply Wall St.5d agoneutral
Chevron (CVX) Stock Looks Below Fair Value With Cash Flow But Above Fair Value On Earnings

Chevron stock has more than doubled over the past five years, yet investors now face mixed signals on value as the intrinsic value estimate from a Discounted Cash Flow (DCF) view suggests upside while earnings based multiples point to a richer price. Chevron has returned 133.2% over the past five years, which puts the current share price under closer scrutiny for anyone considering a new position or adding to an existing one. Expansion plans in regions such as Iraq, Venezuela and Argentina,...

Oil industry sees war windfall but girds for political blowback
AFP5d agobearish
Oil industry sees war windfall but girds for political blowback

US oil giants are set to report blowout profits Friday at a time when lofty gasoline prices are stressing consumers and exacerbating President Donald Trump's worries about upcoming midterm elections.Lowering gasoline prices before November is high on Trump's priority list, prompting numerous White House meetings, according to US media reports. 

BofA just turned on Exxon in favor of Chevron
TheStreet6d agoneutral
BofA just turned on Exxon in favor of Chevron

Wall Street analysts get paid to be right eventually, not immediately. That gap is where the damage usually happens to everyone else, because a rating that flips inside a single quarter tells you the conviction behind it was thinner than the original headline suggested. For most of 2026, owning an ...