ExxonMobil

AI take

ExxonMobil beat third-quarter estimates as soaring refining margins lifted earnings from the fuel-making business to rival the upstream segment, with Gulf Coast refineries running at full utilization as diesel prices stayed elevated. The company also announced another year of dividend increases and a new share-repurchase authorization. Chevron reported the same morning and also beat on downstream strength. Watch Gulf restart comments, Hormuz vessel counts, and how energy holds as the tech sell-off is digested into next week's midterms.

Scheduled take · 2026-10-31T04:10:04Z

• Reuters -- Exxon and Chevron earnings were propelled by a war-driven refining surge