The Marlin platform will help manage SIMOPS, supporting pipe-laying and mooring installation activities at the Whiptail site in Guyana.
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ExxonMobil missed Q2 earnings estimates, but strong production, higher oil prices and a solid balance sheet continue to support its longer-term outlook.
ExxonMobil Holdings (XOM) has moved into the spotlight after reporting second quarter 2026 earnings that reflect strong oil prices, record refining margins and rising political scrutiny over elevated fuel costs. See our latest analysis for ExxonMobil Holdings. ExxonMobil Holdings shares trade at $153.96, with a 30 day share price return of 12.31% and a year to date share price return of 25.53%. The 5 year total shareholder return of 218.04% highlights how recent momentum builds on a much...
The Iran war has tightened global fuel supplies, pushing refining margins to record highs as disruptions in the Strait of Hormuz, reduced Asian refining, and export restrictions squeezed diesel, gasoline, and jet fuel markets.
U.S. President Donald Trump says Exxon and Chevron made “too much money” after higher crude prices lifted oil profits. We look at the factors that pushed energy prices higher and the political considerations behind the president’s desire for lower consumer costs.
Exxon just delivered its strongest quarterly profit in four years and rewarded shareholders with a 44% annual rally, but surging share prices and a troubling free cash flow drop are setting up a collision that could determine whether the stock climbs or crumbles from here.
Brent crude fell back to around $80 per barrel after renewed optimism over a potential US-Iran draft agreement eased geopolitical fears
XOM's Q2 earnings missed estimates, but strong production, oil prices and balance sheet strength support its outlook.
The two oil majors combined to earn $29 billion in the second quarter as crude prices surged following the U.S.-Israel attack on Iran
(Bloomberg) -- Refineries outside of conflict zones are running at full tilt across the world and there are few shock absorbers left in the system to protect against higher fuel prices, the world’s biggest oil company Saudi Aramco said.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallApple’s New CEO Taps Retired Hardware Executive for Management TeamMamdani Dismisses Business Leaders Advising NYC’s Mayor’s
Pre-Market Stock Futures: Futures are trading higher after a solid start to August, with all major indices finishing higher on Monday. The President tapping the brakes on attacks on Iran and a return to the negotiating table, combined with massive technology earnings and tumbling oil prices, was just the ticket for traders and investors to ... Here Are Tuesday’s Top Wall Street Analyst Research Calls: Apple, CoreWeave, eBay, Exxon Mobil, Intuit, Nebius Group, Palantir Technologies, SK hynix, and
The British energy giant posted $3.91 billion in net profit for the second quarter, up from $1.62 billion a year earlier
BP stock was edging higher after the British oil major reported a surge in its second-quarter profit, just a day after President Donald Trump slammed rivals Chevron and ExxonMobil for making too much money. BP’s American depositary receipts ticked up 0.7% to $44.57 ahead of Tuesday’s opening bell. The results covered a period in which oil prices surged due to the war in Iran, which has disrupted shipping through the Strait of Hormuz and led to energy companies making more money from crude trading.
Stock futures were rising on Tuesday, putting the on the brink of a record high as tech extended its recent rebound. Palantir was the S&P 500’s best performer ahead of the opening bell, surging 16% after the data analytics software developer reported strong second-quarter earnings. CEO Alex Karp described the quarter as “otherworldly,” as U.S. commercial revenue rose 149% from a year ago.
British energy giant BP said on Tuesday that its net profit more than doubled in the second quarter as the Middle East war roiled oil and gas markets.View on euronews
I have covered the energy market's evolution through the Iran-Iraq War, from Chevron CEO Mike Wirth's early warnings about depleting buffers to Shell's CEO describing the diesel and gasoline squeeze that emerged as refineries pivoted to jet fuel. On July 31, ExxonMobil Chairman and CEO Darren ...
Medicare quietly pockets a chunk of your Social Security before it ever reaches you, and the gap between what you expect and what you receive keeps widening every year. Three ETFs target that exact shortfall with income built to arrive on a schedule.

<body><p>STORY: :: Trump blasts Chevron and ExxonMobil for 'making too much money' from higher fuel prices</p><p>:: Washington, D.C. / August 3, 2026</p><p>"They're making too much money. Based on a shortage, they're making too much money. I don't like it."</p><p>"And when we're finished with Iran, you're going to see the prices drop through the floor. But they made too much money. Chevron, too much money. ExxonMobil too much. Too much money. When you look at one company, where they made 12 times what they made the year before? They ought to give some of that back to the public. And they better cut the retail price. The consumer price. Too much money. You're surprised I'm saying it? I'll say it loud and clear. I'm not happy about it."</p><p>Exxon and Chevron did not immediately respond to requests for comment.</p><p>While global oil prices plunged after Trump called off a planned "massive attack" on Iran over the weekend, prices at the gas pump tend to lag and do not necessarily follow suit.</p><p>Higher gas prices fueled by the Iran war and cost-of-living concerns pose a political risk to Trump ahead of November's midterm elections when his fellow Republicans are seeking to retain control of Congress. Retail gasoline prices, currently averaging around $4.10 nationwide, have climbed more than 30% since the U.S. and Israel attacked Iran earlier this year.</p></body>
Trump criticized Exxon and Chevron for windfall profits tied to the Iran war and demanded lower gas prices for consumers.
While the top- and bottom-line numbers for Exxon (XOM) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
President Trump called out the nation's two largest oil companies, accusing ExxonMobil and Chevron of "making too much money" during the Iran war.
President Donald Trump criticizes major energy producers like Chevron (CVX) and ExxonMobil (XOM), stating they are making 'too much money' from high oil prices.
WASHINGTON—President Trump said Chevron and ExxonMobil are “making too much money” and should return some of their profits back to the public. “When you look at one company where they made 12 times what they made the year before, they ought to give some of that back to the public,” Trump told reporters in the Oval Office on Monday. “And they better cut the retail price, the consumer price.”
"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.