#major-oil-company-valuations

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from24/7 Wall St.
2 months ago

Double, Double, Oil and Trouble: Crude Hits $116 and Here's What It Means

Crude oil at $116 per barrel significantly exceeds major oil companies' 2026 budget assumptions, creating substantial upside potential for ExxonMobil, Chevron, and ConocoPhillips despite their strong baseline performance at lower prices.
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