Major Western oil companies on track for ~$44B in Q2 2026 earnings
Five major Western oil companies are on track to report approximately $44 billion in Q2 2026 earnings, marking the third-largest quarterly total on record, driven by high oil prices.
Detected & updated continuously · Source: Nebula
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@blckchaindaily
🚨 OIL INDUSTRY PROFITS SURGE: 5 MAJOR WESTERN OIL COMPANIES ON TRACK FOR ~$44B IN Q2 2026 EARNINGS, 3RD-LARGEST QUARTERLY TOTAL ON RECORD $XOM $CVX $SHEL $USO
@KobeissiLetter
Oil industry profits are soaring: Earnings for 5 major Western oil companies are on track to surge to ~$44 billion in Q2 2026, the 3rd-largest quarterly total on record. The only quarters with larger profits were Q2 and Q3 2022, when oil prices exceeded $120/barrel. This comes https://t.co/9eETA6N88y