Update 1 sa 1PinakabagoAraw 1
$26.5 Billion in 90 Days: How War in the Strait Made Exxon and Chevron Rich
$26.5 billion in one quarter on wartime crude — and drivers paying $4 a gallon while Washington demands $2.25.
Ano ang una nating nalaman
- ExxonMobil net earnings rose 105.1% to $14.5 billion, with EPS of $3.48 versus $1.64 a year earlier.
- Chevron adjusted earnings were $6.06 per share, beating estimates by 50 cents; Exxon adjusted EPS was $3.52, missing by 8 cents.
- The six-month-old U.S.-Iran conflict halted most Hormuz shipping, lifting crude prices and refining margins while consumers paid more and faced shortages.
Bukas pa noon
- No verified breakdown shows how much profit came from higher per-barrel prices versus operational gains, and no verbatim CEO quotes are available in these sources.
- Stock-index claims about the Dow, Nasdaq and S&P around the earnings, and any link to PBS NewsHour, are unverified in this reporting file.
Ang sinabi naming babantayan
- Whether Hormuz reopens and how fast pump prices and refining margins normalize if it does.
- Whether Washington moves beyond criticism of windfalls to concrete action on prices, taxes or export policy.
