Tag: #energy

Articles related to energy

markets

EOG Doubles Q1 2026 Tax Outlook to $500–$600 Million After Oil Rally

EOG raised its projected current tax expense for Q1 2026 to $500–$600M, citing higher crude prices tied to Middle East conflict — lifting the tax midpoint about $270M.

#eog, #oil, #energy, #taxes, #commodities

industry

Chevron Warns Accounting ‘Timing Effects’ and Working‑Capital Outflow Could Cut Billions From Q1 Results

On April 9, Chevron warned marking derivatives, LIFO inventory and a $2–4bn working‑capital outflow could trim roughly $2.7–$3.7bn from Q1 results.

#chevron, #oil, #earnings, #accounting, #energy