Exxon, Chevron Earnings Soar on Iran War Surge, but Big Oil Stocks Diverge

Chevron's second-quarter earnings more than tripled, the Dow Jones energy giant reported early Friday, easily beating high expectations. Exxon Mobil reported mixed results Chevron rose modestly, eyeing a breakout. Exxon retreated. Both Exxon Mobil (XOM) and Chevron

Chevron’s second-quarter earnings more than tripled, the Dow Jones energy giant reported early Friday, easily beating high expectations.

Exxon Mobil reported mixed results

Chevron rose modestly, eyeing a breakout. Exxon retreated. Both Exxon Mobil (XOM) and Chevron (CVX) reported triple-digit earnings gains, as profits from Q2’s crude price surge, though June saw prices retreat.

Despite the surge, Exxon’s earnings stopped… Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

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