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Schwab Network

Inside Out: CVX, XOM & Energy Stocks

7 min1 maj 2026

U.S. energy giants Exxon Mobil (XOM) and Chevron (CVX) pulled back after earnings as oil prices fell Friday. Rob Thummel joins Morning Trade Live to discuss the overall energy space, including the back-and-forth negotiations with Iran reopening the Strait of Hormuz. One area he highlights for XOM: an AI collaboration with Microsoft (MSFT) in West Texas. Later, George Tsilis shares his vantage point on XOM with an example options trade.


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