Read the story behind the quarter.
Income statement, balance sheet, and cash flow—connected to the customer situation, marketing choices, operating indicators, and real competitive alternatives.
Five reports to start with
Marathon Petroleum FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Marathon Petroleum reported $132.7B in revenue and $8.3B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · PRPermian Resources FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Permian Resources reported $5.1B in revenue and $1.5B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · CHRDChord Energy FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Chord Energy reported $4.9B in revenue and $197M in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · MTDRMatador Resources FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Matador Resources reported $3.7B in revenue and $1.2B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · NOGNorthern Oil and Gas FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Northern Oil and Gas reported $2.5B in revenue and $246M in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →25 earnings analyses
Primary sources · US GAAP · USD millions
Marathon Petroleum FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Marathon Petroleum reported $132.7B in revenue and $8.3B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · CHRDChord Energy FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Chord Energy reported $4.9B in revenue and $197M in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · PRPermian Resources FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Permian Resources reported $5.1B in revenue and $1.5B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · MTDRMatador Resources FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Matador Resources reported $3.7B in revenue and $1.2B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · NOGNorthern Oil and Gas FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Northern Oil and Gas reported $2.5B in revenue and $246M in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · VLOValero Energy FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Valero Energy reported $122.7B in revenue and $3.2B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · MURMurphy Oil FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Murphy Oil reported $2.7B in revenue and $104M in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · CVXChevron FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Chevron reported $189B in revenue and $12.3B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · EOGEOG Resources FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
EOG Resources reported $22.6B in revenue and $6.4B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · WMBThe Williams Companies FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
The Williams Companies reported $12B in revenue and $4.2B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · OKEONEOK FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
ONEOK reported $33.6B in revenue and $5.7B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · RRCRange Resources FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Range Resources reported $3.1B in revenue and $658M in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · PSXPhillips 66 FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Phillips 66 reported $132.4B in revenue and $4.4B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · NEMNewmont FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Newmont reported $22.7B in revenue and $7.1B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · XOMExxon Mobil FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Exxon Mobil reported $332.2B in revenue and $28.8B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · OXYOccidental Petroleum FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Occidental Petroleum reported $21.6B in revenue and $3.1B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · COPConocoPhillips FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
ConocoPhillips reported $58.9B in revenue and $8B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · NEENextEra Energy FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
NextEra Energy reported $27.4B in revenue and $8.3B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · FCXFreeport-McMoRan FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Freeport-McMoRan reported $25.9B in revenue and $6.5B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · KMIKinder Morgan FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Kinder Morgan reported $16.9B in revenue and $4.7B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · MGYMagnolia Oil & Gas FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Magnolia Oil & Gas reported $1.3B in revenue and $439M in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · ARAntero Resources FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Antero Resources reported $5.3B in revenue and $884M in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · CNXCNX Resources FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
CNX Resources reported $2.2B in revenue and $633M in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →FY2025 · HALHalliburton FY2025 Earnings: How converting reserves, throughput, commodity spreads, and capital discipline shaped growth and margin
Halliburton reported $22.2B in revenue and $2.3B in operating profit for FY2025. We connect the customer situation and business mechanism to the income statement, balance sheet, and cash flow.
Read earnings analysis →