| Stage | XOM | % of rev | CVX | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $116B | 100.00% | $70.1B | 100.00% | XOM ×1.66 |
| Gross profit | $36.0B | 31.00% | $33.4B | 47.75% | CVX +16.7pp |
| Operating income | $19.7B | 16.94% | $17.0B | 24.32% | CVX +7.4pp |
| Pre-tax income | $19.4B | 16.74% | $16.7B | 23.82% | CVX +7.1pp |
| Net income | $14.9B | 12.83% | $12.2B | 17.43% | CVX +4.6pp |
| Stage | XOM | CVX | Gap · A − B |
|---|---|---|---|
| Revenue | $116B100.00% | $70.1B100.00% | XOM ×1.66 |
| Gross profit | 31.00%$36.0B | 47.75%$33.4B | CVX +16.7pp |
| Operating income | 16.94%$19.7B | 24.32%$17.0B | CVX +7.4pp |
| Pre-tax income | 16.74%$19.4B | 23.82%$16.7B | CVX +7.1pp |
| Net income |
| 12.83%$14.9B |
| 17.43%$12.2B |
| CVX +4.6pp |
XOM · MUR 10-KFeb 25 '26
“ExxonMobil Corporation 12 % 20 % 27 %”
CVX · MUR 10-KFeb 25 '26
“Chevron Corporation 19 % 13 % 16 %”
XOM · TALO 10-KFeb 27 '25
“Exxon Mobil Corporation 17 % ** **”
CVX · TALO 10-KFeb 25 '26
“Chevron Corporation 12 % ** **”
XOM · ASPN 10-KMar 13 '26
“Our aerogel insulation has undergone rigorous technical validation and is used by many of the world's largest oil producers and the owners and operators of refineries, petrochemical plants, LNG facilities and power generating and distribution assets, such as ExxonMobil, Reliance Industries, PTT LNG, and Royal Dutch Shell.”
CVX · ASPN 10-KMar 13 '26
“In addition, we believe our aerogel blankets are used by 24 of the world's 25 largest refining companies, including ExxonMobil, Shell, and Chevron, among others.”
XOM · HMR 20-FApr 30 '26
“The following list represents some of the global energy and commodities companies that charter vessels from our Pools: Shell, Vitol, Trafigura, ExxonMobil, Emirates National Oil Company, U.A.E. ("ENOC"), Sinochem, ADNOC, BHP, ENI, Total, PTT, Bahri, LDC., Reliance, Glencore, Unipec, Equinor, Chevron Corporation and BP. Heidmar also maintains relationships with reliable suppliers including: Chevron Corporation, Vitol, Trafigura, Peninsula Pacific, Glencore, PetroChina Company Limited and NorthStar.”
CVX · HMR 20-FApr 30 '26
“The following list represents some of the global energy and commodities companies that charter vessels from our Pools: Shell, Vitol, Trafigura, ExxonMobil, Emirates National Oil Company, U.A.E. ("ENOC"), Sinochem, ADNOC, BHP, ENI, Total, PTT, Bahri, LDC., Reliance, Glencore, Unipec, Equinor, Chevron Corporation and BP. Heidmar also maintains relationships with reliable suppliers including: Chevron Corporation, Vitol, Trafigura, Peninsula Pacific, Glencore, PetroChina Company Limited and NorthStar.”