Group 1: ExxonMobil - ExxonMobil generated $11.5 billion in cash flow from operations during Q2, totaling $24.5 billion year-to-date, and is on track to produce nearly $50 billion in cash this year, down from $55 billion in 2024 due to lower oil and gas prices [3][4] - The company plans to invest $140 billion into major projects and its Permian Basin development program through 2030, which is expected to add another $30 billion to its annual cash flow, positioning Exxon to produce about $165 billion in cumulative surplus free cash during that period [4] - Exxon returned $18.4 billion in cash to investors in the first half of the year, including $8.6 billion in dividends and $9.8 billion in share repurchases, and expects to continue increasing its dividend and repurchase $20 billion of its stock annually in 2025 and 2026 [5] Group 2: Chevron - Chevron generated $8.6 billion in cash flow from operations and $4.9 billion of free cash flow in Q2, returning $5.5 billion to shareholders through dividends and share repurchases, marking the 13th consecutive quarter of returning at least $5 billion [6][9] - The company anticipates a larger free cash flow next year, expecting an additional $12.5 billion from completed expansion projects and the acquisition of Hess [7][8] - Chevron has increased its dividend for 38 consecutive years and plans to repurchase between $10 billion and $20 billion of its stock annually [9]
These 3 Energy Stocks Have Turned Oil Pumps Into Money Printing Machines