Reported earnings of $12.1 billion; return on capital employed of 21 percent Record U.S. production; worldwide production increased 20 percent from last year Record crude unit throughput at U.S. refineries; crude unit utilization at 97 percent Signed 20-year power agreement with Microsoft for West Texas data center HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) reported earnings of $12.1 billion ($6.11 per share - diluted) for second quarter 2026. Included in the quarter [Read more]
Headlines
Imperial announces second quarter 2026 financial and operating results
Quarterly net income of $2,190 million Cash flows from operating activities of $2,704 million and cash flows from operating activities excluding working capital1 of $2,522 million Quarterly Upstream production of 414,000 gross oil-equivalent barrels per day Kearl quarterly production of 257,000 total gross oil-equivalent barrels per day (182,000 barrels Imperial's share) Cold Lake quarterly production of 149,000 gross oil-equivalent barrels per day Downstream refinery capacity [Read more]
ExxonMobil Announces Second-Quarter 2026 Results
Advantaged portfolio, integration, and structural savings support earnings and cash flow in volatile market Reported EPS of $3.48, or $3.52 adjusted EPS1 Highest Upstream production in more than two decades, excluding the Middle East disruptions2 Record Permian production, consistent with planned 9% CAGR through 2030, exceeding all competitors3 Fifth Guyana FPSO set sail with production startup on plan for 4Q26, increasing capacity by 250 Kbd Record second-quarter [Read more]
Economy grew 0.3% in May, on track for solid Q2 rebound: StatCan
OTTAWA - The economy was growing steadily in May and appeared on track for a solid rebound in the second quarter as a whole, Statistics Canada said Friday. The agency said real gross domestic product rose 0.3 per cent in May amid growth in both the goods and services sides of the economy. That topped StatCan’s own initial estimate for 0.1 per cent growth in the month. The agency said output from the mining, quarrying, oil and gas extraction sector rose one per cent in May, leading economic [Read more]
Pipeline company Enbridge reports $1.4-billion second-quarter profit
CALGARY - Enbridge Inc. reported a second-quarter profit attributable to common shareholders of $1.4 billion, down from $2.18 billion a year earlier. The pipeline company says the profit amounted to 64 cents per share for the quarter ended June 30, down from $1 per share in the same quarter last year. On an adjusted basis, Enbridge says it earned 63 cents per share in its latest quarter, down from an adjusted profit of 65 cents per share in the second quarter of 2025. The company says [Read more]
Enbridge Reports Strong Second Quarter Results, Reaffirms 2026 Guidance and Grows Secured Backlog to $41B
CALGARY, AB, July 31, 2026 /CNW/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported second quarter 2026 financial results, reaffirmed its 2026 financial guidance and provided a quarterly business update. Highlights (All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.) Second quarter GAAP earnings attributable to common [Read more]
Parex Resources Announces Q2 2026 Results, Highlights Strong July Production, Reaffirms Step-Change Guidance, and Declares Q3 2026 Dividend
CALGARY, Alberta, July 30, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operational results for the three-month period ended June 30, 2026, updated independent reserves reports that reflect recent transactions, an operational update, and the declaration of its Q3 2026 regular dividend of C$0.385 per share. All amounts herein are in United States Dollars (“USD”) unless otherwise stated. Imad Mohsen, President & [Read more]
Yangarra Announces 2026 Second Quarter Financial and Operating Results
CALGARY, Alberta, July 30, 2026 (GLOBE NEWSWIRE) -- Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) announces its financial and operating results for the three and six months ended June 30, 2026. Operations Update Yangarra executed an active second quarter operating program despite persistent wet field conditions, which impacted drilling, completions and equipping activities and delayed bringing wells onstream by approximately one month. Belly River development remains a key [Read more]
Petrus Resources Announces Monthly Activity Update
CALGARY, Alberta, July 30, 2026 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. FOR FURTHER INFORMATION PLEASE CONTACT: Ken [Read more]
Pembina Pipeline Reports Results for the Second Quarter of 2026
All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles ("GAAP"), including net revenue; adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA"); adjusted earnings; adjusted earnings per common share; adjusted cash flow from operating activities; and adjusted cash flow from [Read more]
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