United StatesEnergy

Gates Industrial (NYSE:GTES) announced its second-quarter 2026 financial results, posting a 6.6% increase in net sales to $941.6 million.

Ballard Power Systems (NASDAQ:BLDP) reported second-quarter 2026 revenue of $20.6 million, up 15% year over year, as gross margin improved and order backlog increased.

TXNM Energy (NYSE:TXNM) announced second-quarter 2026 GAAP net earnings attributable to shareholders of $71.3 million, or $0.64 per diluted share, compared with $21.6 million, or $0.22 per share, in the prior-year quarter.

ExxonMobil (NYSE:XOM) announced its second-quarter 2026 financial results, posting a net income of $14.5 billion, or $3.48 per share, as geopolitical disruptions drove oil prices higher.

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.