Chevron net earnings surge to $12.1 billion in Q2
Chevron (NYSE:CVX) reported second-quarter 2026 earnings of $12.1 billion, or $6.11 per diluted share, supported by higher production, commodity prices and refined product margins.
Chevron (NYSE:CVX) reported second-quarter 2026 earnings of $12.1 billion, or $6.11 per diluted share, supported by higher production, commodity prices and refined product margins.
Fortis (NYSE:FTS) reported second-quarter 2026 net earnings attributable to common shareholders of $396 million, or $0.78 per share, compared with $384 million, or $0.76 per share, in the prior-year quarter.
Portland General Electric (NYSE:POR) reported second-quarter 2026 GAAP net income of $68 million, or $0.59 per diluted share, compared with $62 million, or $0.56 per share, in the prior-year quarter.
Oil prices declined on Thursday as investors weighed a proposed Saudi Arabia-led maritime defence coalition for the Red Sea against continued military tensions between the United States and Iran.
Valero Energy (NYSE:VLO) reported second-quarter 2026 net income attributable to stockholders of $3.7 billion, or $12.62 per share, compared with $714 million, or $2.28 per share, a year earlier.
Shell (NYSE:SHEL) reported second-quarter 2026 adjusted earnings of $9.8 billion and cash flow from operations of $21.4 billion, supported by operational performance, higher realised prices and a $3.4 billion working capital inflow.
Cenovus Energy (NYSE:CVE) reported record second quarter 2026 results with adjusted funds flow of $5 billion, free funds flow of $3.8 billion and net earnings of $2.9 billion.
Precision Drilling (NYSE:PDS) reported a second-quarter revenue of $453 million, representing an 11% year-over-year increase.
Woodside Energy Group (ASX:WDS) reported second-quarter 2026 operating revenue of $4.18 billion, a 28% increase from the prior quarter.
Borr Drilling (NYSE:BORR) said BC Ventures completed a $287 million five-rig purchase, increasing its owned and jointly-owned fleet to 34.
HF Sinclair (NYSE:DINO) reported second-quarter 2026 revenue of $10.39 billion, up from $6.78 billion in the prior-year period, while net income reached $892 million.
CMS Energy (NYSE:CMS) reported second-quarter 2026 net income available to common stockholders of $117 million, with diluted earnings per share falling to $0.37 from $0.66 a year earlier.
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