OFAC's 60-day Iran oil license floods markets with crude, deflating the war premium that drove XOM and CVX to their 2026 highs.

ExxonMobil ( XOM 1.87%) and Chevron ( CVX 1.31%) are leaders in the oil patch. They both have globally integrated operations, low costs, fortress balance sheets, and excellent records of delivering value to shareholders. The energy giants also boast strong long-term growth outlooks.

The signal for the next 12 months is Brent’s path toward the EIA’s $79 average for 2027, watched through the monthly STEO and weekly EIA inventory reports. The fund-level tell is whether Q2 and Q3 filings from Exxon and Chevron show the timing-effect drag reversing; if not, 41% of XLE fights an accounting headwind even if the barrel cooperates.

In some ways, ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX) could be viewed as interchangeable energy investments. Exxon and its $625 billion market is a bigger company, but Chevron and its $375 billion market cap isn't far behind. The most notable ...

A giant, low-cost, high-margin oil discovery is the antidote investors are looking for amid the geopolitical crisis in the Middle East.

(CNN) — ExxonMobil and Chevron, America’s two largest oil companies, both reported a sharp drop in profit for the first three months of this year. But much bigger profits likely lay ahead because of rising oil prices during the war with Iran.

While results fell from a year, both oil and gas giants beat Wall Street expectations, but their stocks slipped after surging in recent weeks Wall Street was keen on Chevron, Exxon's views on Venezuela. Both Chevron and Exxon Mobil both said production of ...

Chevron and ExxonMobil trace their origins back to the 1800s. Both of these oil and gas giants produce plenty of free cash flow. Chevron expects that the Hess acquisition will add to cash flow. But which one provides the better investment for long-term ...