Workflow
Energy ETFs in Focus as Exxon, Chevron Beat Earnings Estimates
CVXChevron(CVX) ZACKS·2025-05-05 17:55

Two energy behemoths — Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) — came up with mixed first-quarter 2025 results amid falling crude oil prices. Both companies beat estimates for earnings estimates but missed the same for revenues. This has put the focus on energy ETFs like Energy Select Sector SPDR (XLE) , Vanguard Energy ETF (VDE) , iShares U.S. Energy ETF (IYE) , Fidelity MSCI Energy Index ETF (FENY) and Strive U.S. Energy ETF (DRLL) , with the largest allocation to energy behemoths.Earnings in Focu ...