Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Stocks

Trump Slams Chevron and ExxonMobil for Record Profits Amid Soaring Petrol Prices

Guavy AI Editorial Team
Instruments
CVX
Share

US President Donald Trump has criticized Chevron and ExxonMobil for their record-breaking profits, citing soaring petrol prices that are straining households. Chevron reported its highest quarterly earnings in six years, with adjusted earnings per share reaching $6.06 or $12bn.

The company's CEO Mike Wirth praised employees for their work and announced bonuses equivalent to half of monthly base pay for most workers.

Trump accused the oil giants of profiting from his administration's efforts to help the industry, but Chevron's strong earnings are attributed to its reduced reliance on Middle Eastern production operations and increased refining capacity in the US.

More on Stocks

Stocks 2m ago

Visa Drops $2.4 Billion on AI Fraud Fighter BioCatch

Stocks 9m ago

Palantir Stock Skyrockets on Blockbuster Earnings Amid Booming AI Demand

Stocks 9m ago

IBM's Job Mela Connects Skilled Youth with Employers in Uttar Pradesh

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy