A good way to think of this week’s earnings reports by four big oil majors is a test of competing corporate strategies. Two U.S.-based companies spend the last decade largely sticking to the things they do best — producing, refining, and selling oil and natural gas. Two Europe-based competitors spent big chunks of it chasing unprofitable renewables projects designed to burnish their Environmental, Social and Governance (ESG) metrics.
Guess which two companies are handing their shareholders the biggest checks today? It isn’t a hard question.
Read Full Article: https://dailycaller.com/2026/10/31/opinion-esg-exxonmobil-chevron-bp-david-blackmon/
