Quick Read – ExxonMobil (XOM) achieved underlying earnings of $8.77B in Q1 2026 with Guyana production exceeding 900,000 bpd and Golden Pass LNG Train 1 loading its first cargo in April. – Chevron (CVX) reported record worldwide production of 3,858 MBOED with Permian crossing 1…
llion BOE per day following Hess integration, though Chevron’s free cash flow turned negative at $1.55B due to revenue missing expectations by 9.76%. – ExxonMobil is building a structural cost advantage through high-margin assets in Guyana and LNG while Chevron is scaling production volume and geographic diversification through the Hess acquisition, but both face headwinds if oil prices fall below $90 per barrel. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and Chevron wasn’t one of them. Get them here FREE
ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX) both reported Q1 2026 earnings on May 1, 2026, and the earnings reports arrived in the middle of a volatile oil market. WTI swung from $65.10 in late February to $114.58 on April 7. Both majors lean on legendary dividend records, yet the businesses underneath those payouts are pulling apart.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Chevron wasn’t one of them. Get them here FREE. Guyana and LNG Pulled Exxon.