ExxonMobil and Chevron helped drive the Energy sector to 128% YoY earnings growth as higher oil prices boosted profits, refining margins and cash flow. Investors now turn to BP and ConocoPhillips to see whether the rally has staying power. #Oil#Energy#Earnings#ExxonMobil
Big Oil is cashing in on the Iran war. Chevron and ExxonMobil posted a combined $26.7B in Q2 profit as higher crude prices, record refining margins, and rising production fueled a 128% YoY earnings surge for the energy sector. #Oil#Energy#ExxonMobil#Chevron#Earnings
Guyana is on track to produce more than 1 million bpd as ExxonMobil's 250,000 bpd Uaru project comes online, cementing its role as one of the world's fastest-growing oil producers. Output could reach 1.9 million bpd by 2030. #Oil#Guyana#Energy#ExxonMobil
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