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Exxon, Chevron Deliver Big Profits on Strong Refining

Bloomberg Markets Friday 30 October 2026, 13:50 UTC 1 min read
Key Points

Oct 30th, 2026 Exxon, Chevron Deliver Big Profits on Strong Refining Exxon and Chevron shares rose in premarket trading after both companies beat earnings estimates due in part to strong refining margins and higher gas prices. Bloomberg's Kevin Crowley says the oil majors earned a combined $56 billion in the third quarter, the third highest on record. He reports from Houston on "Bloomberg Open Interest."

Oct 30th, 2026 Exxon, Chevron Deliver Big Profits on Strong Refining Exxon and Chevron shares rose in premarket trading after both companies beat earnings estimates due in part to strong refining margins and higher gas prices. Bloomberg's Kevin Crowley says the oil majors earned a combined $56 billion in the third quarter, the third highest on record. He reports from Houston on "Bloomberg Open Interest."
Exxon (ORG) Chevron (ORG) Strong Refining Exxon (ORG) Bloomberg (ORG) Kevin Crowley (PERSON) Houston (LOCATION)
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