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Gov. Jay Robert ‘JB’ Pritzker (D-IL) has demanded that oil companies like Chevron Corp., ExxonMobil Holdings Corp., ConocoPhillips and others commit to returning Iran war-induced profits to consumers. ‘Paying the Price’ for Trump’s Iran War In a post on X,...
ExxonMobil (NYSE:XOM) reported second-quarter 2026 results on July 31, and the headline number disappointed. Adjusted earnings came in at $3.52 per share, short of the $3.60 analysts expected, even though that figure was up sharply from a year earlier. Reported earnings were $14.5 billion, or $3.48 per share. But the company also generated $23.6 billion […]
But what can Trump actually do?
Energy stocks declined late Monday afternoon, with the NYSE Energy Sector Index and the State Street
Exxon's quarterly profit more than doubled, but lower production and an earnings miss outweighed stronger oil prices.
ExxonMobil's Q2 results show record Permian output and strong cash flow despite higher expenses and disruptions.
Exxon (XOM) delivered earnings and revenue surprises of -4.35% and +21.10%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Adjusted second-quarter earnings of $3.52 a share came in 2 cents below analyst forecasts, with scheduled maintenance limiting fuel-making profits
Investing.com -- ExxonMobil shares slid around 2% in premarket trading Friday after the U.S. energy major reported earnings for the second quarter that missed average analyst forecasts.
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.
Exxon Mobil's (XOM) stock offers limited upside potential amid ongoing geopolitical concerns, while
Cooling off tensions in Iran, Q2 earnings and a new mega-memory chip play out of China buoy markets this morning.
Exxon Mobil (NYSE:XOM) shares dropped nearly 3% in pre-market trading after Brent crude fell more than 8% to around $90 per barrel, following reports that the United States and Iran had paused military operations over the weekend. The decline in oil prices came after reports indicated that President Donald Trump was open to renewed diplomatic negotiations, while Iran suspended retaliatory actions and continued discussions with Oman over the possible reopening of the Strait of Hormuz.
Investing.com -- Shares in oil and gas producers across the U.S. and Europe fell sharply after the U.S. military halted two weeks of strikes on Iran, with Tehran signaling it would suspend its own attacks as long as the pause holds, easing fears of a broader Middle East escalation and dragging crude prices lower.
The conflict in the Middle East is raging again, which highlights an important fact that energy investors ignore at their own risk.
The United States has been quietly draining its emergency oil stockpile at a record pace, and one analyst says the moment it runs dry could trigger a price shock the market is not prepared for.
OPEC is adjusting its forecast to a changed environment, but it clearly believes that change will be temporary.
In the closing of the recent trading day, Exxon Mobil Holdings (XOM) stood at $137.46, denoting a -2.6% move from the preceding trading day.
America’s Big Oil groups are set to post record profits stemming from Donald Trump’s Iran war, setting them on a collision course with the US...
Trump is escalating pressure on oil companies, accusing them of price gouging and demanding gasoline prices fall toward $2.50 per gallon.
Crude oil has fallen sharply from its spring highs, yet many drivers are still paying far more at the pump than they were expecting. In a recent CNBC segment, Helima Croft, Head of Global Commodity Strategy at RBC Capital Markets, argued that tight gasoline supplies, U.S. refiners already running “incredibly hard,” and a potentially pivotal ... U.S. Refiners Are Running “Incredibly Hard.” Here’s Why Gas Prices Aren’t Falling
The iShares U.S. Energy ETF (NYSEARCA:IYE) has had a great year for capital gains, but holders who bought it for income want to know whether the distribution can hold up if oil rolls over. IYE has climbed 28% over the past year and trades near $57, paying a variable quarterly distribution that landed at $0.3003 ... 2.2% Yield On IYE Masks The 131% Five Year Gain Most Energy Investors Miss
Eimear Bonner told CNBC that crude price declines take time to reach the pump, as Trump ordered the DOJ to investigate Big Oil
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