DalsnaFinance › Energy › Oil and natural gas
Dalsna Finance covers 11 US-listed oil and natural gas companies: 2 integrated majors, 5 producers, 3 refiners and 1 equipment and services company. Below are our 16 own articles on them, newest first, each sourced to the company's filings and results. Their earnings track oil and gas prices, so the WTI Crude Oil, Brent Crude Oil and Natural Gas pages are linked here too.
| Company | Segment | Revenue | Net income | Net margin | Diluted EPS | Close, Nov 9, 2026 | P/E, Q3 2026 annualised |
|---|---|---|---|---|---|---|---|
| ExxonMobil (XOM) [1][2]Revenue is sales and other operating revenue, not total revenues and other income. Net income is attributable to ExxonMobil. | Integrated | $110.5B | $15.4B | 13.9% | $3.72 | $164.73 | 11.1 |
| Chevron (CVX) [3][4]Revenue is sales and other operating revenues, not total revenues and other income. | Integrated | $65.2B | $9.92B | 15.2% | $5.06 | $210.78 | 10.4 |
| ConocoPhillips (COP) [5][6]Revenue is sales and other operating revenues, not total revenues and other income. | Exploration and production | $19.4B | $4.00B | 20.6% | $3.34 | $134.47 | 10.1 |
| Occidental Petroleum (OXY) [7][8]Revenue is net sales. Net income is attributable to common stockholders and includes a $20 million loss from discontinued operations (OxyChem). | Exploration and production | $6.57B | $1.64B | 24.9% | $1.61 | $55.76 | 8.7 |
| EOG Resources (EOG) [9][10]Revenue is total operating revenues and other, including $1,846 million of gathering, processing and marketing revenue. | Exploration and production | $8.55B | $2.78B | 32.5% | $5.33 | $148.43 | 7.0 |
| Marathon Petroleum (MPC) [11][12]Revenue is sales and other operating revenues, including all of MPLX. Net income is MPC's share, after $431 million for noncontrolling interests. | Refining and midstream | $56.0B | $7.45B | 13.3% | $26.59 | $389.88 | 3.7 |
| Valero Energy (VLO) [13][14]Net income is attributable to Valero stockholders. | Refining | $46.1B | $6.83B | 14.8% | $23.89 | $356.75 | 3.7 |
| Phillips 66 (PSX) [15][16]Revenue is sales and other operating revenues, not total revenues and other income. Net income is attributable to Phillips 66. | Integrated downstream | $50.5B | $5.62B | 11.1% | $14.08 | $253.02 | 4.5 |
| APA Corporation (APA) [17][18]Revenue is total revenues, including $409 million of purchased oil and gas sales. Net income is attributable to common stock. | Exploration and production | $2.77B | $698M | 25.2% | $2.00 | $44.55 | 5.6 |
| Devon Energy (DVN) [19][20]Revenue is total revenues, after a $914 million loss on oil, gas and NGL derivatives. Net income is attributable to Devon. | Exploration and production | $6.86B | $1.01B | 14.7% | $0.88 | $42.40 | 12.0 |
Revenue, net income attributable to the company and diluted EPS are as reported (GAAP) for each company's quarter, in US dollars, with revenue and net income rounded. Close is each stock's closing price on November 9, 2026. Net margin (net income divided by revenue) and P/E (the close divided by four times the quarter's diluted EPS, not meaningful for a loss) are Dalsna Finance calculations. Revenue lines differ by company, as the note under each name says, so margins compare only roughly.
Sources for this table