Supply-chain overlap

direct ties · both sidesSources

direct ties · both sides

Only CVX 9

RIGTransoceansupplier

TDWTidewatersupplier

TALOTalos Energysupplier

ASPNAspen Aerogelssupplier

5 more · CVX chain

Shared 1

MURMurphy Oilsupplier · both

CVX · MUR 10-KFeb 25 '26

“Chevron Corporation 19 % 13 % 16 %”

PSX · MUR 10-KFeb 25 '26

“Phillips 66 N/A 10 % N/A”

Only PSX 6

CHRDChord Energysupplier

NVGSNavigatorsupplier

REIRing Energysupplier

AMPYAmplify Energysupplier

Role chip = supplier or customerSource: SEC EDGAR

2 more · PSX chain

CVXChevron Corp

227.96−3.21%· post 228.39

Mkt cap$465.3BRevenue$70.1BQ2 FY26Revenue$189BFY25

PSXPhillips 66

275.15−2.71%· post 277.83

ClosedNov 2 '26

Mkt cap$110.3BRevenue$51.5BQ3 FY26Revenue$137BFY25

vs

Compare

ClosedNov 2 '26

CVXChevron Corp

vs

PSXPhillips 66

227.96−3.21%post 228.39

Price

275.15−2.71%post 277.83

$465.3B

Mkt cap

$110.3B

Q2 FY26$70.1B

Revenue

$51.5BQ3 FY26

FY25$189B

Revenue

$137BFY25

CVX compared with PSX: revenue, margins and what each company keeps, and the suppliers and customers both name

Supply-chain overlap

Supply-chain overlap