Could Chevron’s acquisition of Hess Corporation be the catalyst to revive its Earnings performance in Q3 2025?

On a Year-over-Year basis, the #Big4 International Oil companies reported a decline in Earnings for Q2 2025.

ExxonMobil's Earnings declined from $9.24 billion in Q2 2024 to $7.08 billion in Q2 2025, a variance of $2.16 billion (23.38%).

Shell reported a $2.03 billion (32.27%) year-over-year decline in Earnings, down from $6.29 billion in Q2 2024 to $4.26 billion in Q2 2025.

‎TotalEnergies reported a YoY decline from $4.67 billion in Q2 2024 to $3.58 billion in Q2 2025, reflecting a drop of $1.09 billion (23.34%).

Chevron reported the largest decline in Earnings, from $4.68 billion in Q2 2024 to $3.05 billion in Q2 2025, a variance of $1.63 billion (34.83%).

‎Data Analysed and Visualised 📊 by: Aniekpong D. Effiong, MBCS, CSCA®

‎Source: Quarterly Reports - Adjusted Earnings (Non-GAAP), International Oil Companies.