Chevron vs. Occidental Petroleum: Big Oil Sees Revenue Surge as Prices Leap in 2026
Published . Updated .
Chevron's latest quarter surged to $67.2 billion while Occidental rebounded to $8.3 billion, marking a sharp reversal from their prior downtrend.
Directly affected
Indirectly affected
- USO United States Oil Fund+9.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- XOM ExxonMobil Holdings+10.9% 15d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- COP ConocoPhillips+7.7% 30d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- SHEL Shell+0.1% 13d
Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- BP BP p.l.c+5.1% 16d
BP p.l.c (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) 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 | -0.66% | +2.17% | base | +0.45% | +1.38% | after close | after close |
| OXY | -0.04% | +2.28% | base | +0.79% | -0.26% | after close | after close |
| USO | -2.37% | +3.62% | base | +1.87% | +2.20% | after close | after close |
| XLE | -0.12% | +1.60% | base | +0.34% | +0.71% | after close | after close |
| XOM | -1.00% | +1.85% | base | +1.22% | +1.40% | after close | after close |
| COP | -1.53% | +1.93% | base | +0.91% | +0.96% | after close | after close |
| SHELNo price data for this ticker | — | — | — | — | — | — | — |
| BPNo price data for this ticker | — | — | — | — | — | — | — |
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.
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Chevron vs. Occidental Petroleum: Big Oil Sees Revenue Surge as Prices Leap in 2026 The Motley Fool
Source: The Motley Fool
Energy
| Company | When | Move | Status |
|---|---|---|---|
| COP | that day | +0.91% | final price |
| COP | the next day | +0.96% | final price |
| COP | three days earlier | +1.93% | final price |
| COP | five days earlier | -1.53% | final price |
| CVX | that day | +0.45% | final price |
| CVX | the next day | +1.38% | final price |
| CVX | three days earlier | +2.17% | final price |
| CVX | five days earlier | -0.66% | final price |
| OXY | that day | +0.79% | final price |
| OXY | the next day | -0.26% | final price |
| OXY | three days earlier | +2.28% | final price |
| OXY | five days earlier | -0.04% | final price |
| USO | that day | +1.87% | final price |
| USO | the next day | +2.20% | final price |
| USO | three days earlier | +3.62% | final price |
| USO | five days earlier | -2.37% | final price |
| XLE | that day | +0.34% | final price |
| XLE | the next day | +0.71% | final price |
| XLE | three days earlier | +1.60% | final price |
| XLE | five days earlier | -0.12% | final price |
| XOM | that day | +1.22% | final price |
| XOM | the next day | +1.40% | final price |
| XOM | three days earlier | +1.85% | final price |
| XOM | five days earlier | -1.00% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 14 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 35 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 56 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Occidental Petroleum (OXY), worth $100,001 - $250,000 on 21 Aug 2026. That is 68 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 14 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 58 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 89 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 63 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 65 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 68 days before publication. Filed 8 Oct 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 vs. Occidental Petroleum: Big Oil Sees Revenue Surge as Prices Leap in 2026” scores 12 out of 100. The score uses 1 sources.