United States Oil And Gas

TotalEnergies (NYSE:TTE) agreed to sell KKR a 50% stake in a 1.2 GW European wind and solar portfolio valued at €1.8 billion while retaining operating control.

West Texas Intermediate prices dropped after the United States paused military action against Iran.

LyondellBasell (NYSE:LYB) reported second-quarter 2026 net income of $559 million, or $1.71 per diluted share, on sales of $9.2 billion, while adjusted EBITDA reached $2.1 billion excluding identified items.

Dominion Energy (NYSE:D) announced its second-quarter 2026 financial results, posting operating earnings (non-GAAP) of $712 million, or $0.79 per share.

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.

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.

Scorpio Tankers (NYSE:STNG) reported second-quarter 2026 net income of $387.5 million, or $8.47 per basic share, compared with $73.5 million in the prior-year quarter.

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.