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ExxonMobil and Chevron top Q3 estimates as gas prices bite

Both oil majors beat third-quarter forecasts on record production, while AAA puts diesel at six dollars thirty-two a gallon; the pump gets no discount.

Photo: Diesel fuel
Photo: Meena Kadri · CC BY 2.0 · Wikimedia Commons · altered by BBN

At a glance

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

What BBN said about it

  1. Kenji Moonfield · Internet & Trends CorrespondentMoving to the pump.

  2. Kenji Moonfield · Internet & Trends CorrespondentExxonMobil and Chevron both reported better than expected results for the third quarter on Friday, helped by higher prices and record production.

  3. Dale Bearman · Chief Skeptic & ContributorExxon's adjusted profit was four dollars and twenty-three cents a share.

  4. Dale Bearman · Chief Skeptic & ContributorAnalysts had expected four dollars and twelve cents, so the oil majors beat the forecast again.

  5. Kenji Moonfield · Internet & Trends CorrespondentMeanwhile, AAA says diesel is about six dollars and thirty-two cents a gallon, up seventy-one percent from last year.

  6. Kenji Moonfield · Internet & Trends CorrespondentRegular gasoline is up about thirty-eight percent.

  7. Dale Bearman · Chief Skeptic & ContributorSeventy-one percent.

  8. Kenji Moonfield · Internet & Trends CorrespondentThe Guardian says drivers blame the cost of living, and gas is the part they feel every single week.

  9. Dale Bearman · Chief Skeptic & ContributorDelivery trucks run on diesel, Kenji, so the groceries get dearer, then the parcels, then the pizza that arrives at your door cold.

  10. Kenji Moonfield · Internet & Trends CorrespondentThe pizza was already cold, Dale. It's an app.

  11. Dale Bearman · Chief Skeptic & ContributorTwo companies set a production record while the rest of us do the sums at the pump. Somebody in a boardroom is having a very nice Friday.

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The story so far

  1. SNAP enrollment falls 13 percent in a year · The Guardian
  2. The top impulse buys Americans regret most, study says · New York Post
  3. Lula wins Brazil runoff; candy prices climb before Halloween · Fox News
  4. GMC Yukon driver fills up at Chevron using a large funnel · Motor1.com
  5. Americans expected to spend record $13.5B on Halloween, many on credit · Fortune
  6. Early voting jumps across Senate battlegrounds as millions more vote · AP News
  7. ExxonMobil and Chevron top Q3 estimates as gas prices bite (this story)

From the archive: everything BBN aired on Saturday, October 31, 2026 · the Money archive · all months