Chevron's profits almost triple on record U.S. refinery output
Published . Updated .
This report is about refining.
Directly affected
- CVX Chevron+10.5% 30d
Named in this report.
Indirectly affected
- CRAK VanEck Oil Refiners ETF
VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.
- VLO Valero Energy+0.5% 30d
Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.
- MPC Marathon Petroleum+10.0% 8d
Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.
- PSX Phillips 66+8.4% 30d
Phillips 66 (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.
- XOM ExxonMobil Holdings+10.9% 15d
ExxonMobil Holdings (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| CVX | +0.78% | -1.37% | base | after close | after close | after close | after close |
| CRAKNo price data for this ticker | — | — | — | — | — | — | — |
| XLE | +0.88% | -0.71% | base | after close | after close | after close | after close |
| VLO | +8.98% | +0.67% | base | after close | after close | after close | after close |
| MPC | +5.72% | +0.79% | base | after close | after close | after close | after close |
| PSXNo price data for this ticker | — | — | — | — | — | — | — |
| XOM | +0.03% | -1.79% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Chevron's profits almost triple on record U.S. refinery output Quartz
Source: Quartz
Energy
| Company | When | Move | Status |
|---|---|---|---|
| CVX | three days earlier | -1.37% | final price |
| CVX | five days earlier | +0.78% | final price |
| MPC | three days earlier | +0.79% | final price |
| MPC | five days earlier | +5.72% | final price |
| VLO | three days earlier | +0.67% | final price |
| VLO | five days earlier | +8.98% | final price |
| XLE | three days earlier | -0.71% | final price |
| XLE | five days earlier | +0.88% | final price |
| XOM | three days earlier | -1.79% | final price |
| XOM | five days earlier | +0.03% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 16 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 37 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 58 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. David J. Taylor sold Marathon Petroleum (MPC), worth $1,001 - $15,000 on 22 Sep 2026. That is 38 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 16 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 60 days before publication. Filed 25 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid the energy case looks
12 out of 100
“Chevron's profits almost triple on record U.S. refinery output” scores 12 out of 100. The score uses 1 sources.