Exxon and Chevron Soar. Why Energy Stocks Could Go Even Higher. -- Barrons.com

Dow Jones

Mar 02

By Alex Kozul-Wright

Energy stocks were soaring early Monday amid an oil price surge linked to tit-for-tat attacks between the U.S., Israel and Iran.

Shares in the major oil companies were rallying in premarket trading. Exxon was up 4.6% to $159.49, while Chevron was trading 3.9% higher at $194.05.

Occidental Petroleum also benefited from the surge in crude prices. Its stock rose 6.1%. Elsewhere, oil exploration and production company ConocoPhillips climbed 5.7%.

In the event if Iran formally attempts to close the Strait of Hormuz -- a maritime chokepoint that transports roughly 20% of the world's oil -- that could lead to further crude price gains. Oil-linked stocks would likely benefit too.

Write to Alex Kozul-Wright at alexander.kozul-wright@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

March 02, 2026 06:08 ET (11:08 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2616335678"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2616335678\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2616335678?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-02 19:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2616335678","market":"sh","top_or_hot":-1,"title":"Exxon and Chevron Soar. Why Energy Stocks Could Go Even Higher. -- Barrons.com","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Alex Kozul-Wright \n</p>\n<p>\n  Energy stocks were soaring early Monday amid an oil price surge linked to tit-for-tat attacks between the U.S., Israel and Iran. \n</p>\n<p>\n  Shares in the major oil companies were rallying in premarket trading. <a href=\"https://laohu8.com/S/XOM\">Exxon</a> was up 4.6% to $159.49, while Chevron was trading 3.9% higher at $194.05. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/OXY.WS\">Occidental Petroleum</a> also benefited from the surge in crude prices. Its stock rose 6.1%. Elsewhere, oil exploration and production company ConocoPhillips climbed 5.7%. \n</p>\n<p>\n  In the event if Iran formally attempts to close the Strait of Hormuz -- a maritime chokepoint that transports roughly 20% of the world's oil -- that could lead to further crude price gains. Oil-linked stocks would likely benefit too. \n</p>\n<p>\n  Write to Alex Kozul-Wright at alexander.kozul-wright@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 02, 2026 06:08 ET (11:08 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Exxon and Chevron Soar. Why Energy Stocks Could Go Even Higher. -- Barrons.com</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nExxon and Chevron Soar. Why Energy Stocks Could Go Even Higher. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-02 19:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Alex Kozul-Wright \n</p>\n<p>\n  Energy stocks were soaring early Monday amid an oil price surge linked to tit-for-tat attacks between the U.S., Israel and Iran. \n</p>\n<p>\n  Shares in the major oil companies were rallying in premarket trading. <a href=\"https://laohu8.com/S/XOM\">Exxon</a> was up 4.6% to $159.49, while Chevron was trading 3.9% higher at $194.05. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/OXY.WS\">Occidental Petroleum</a> also benefited from the surge in crude prices. Its stock rose 6.1%. Elsewhere, oil exploration and production company ConocoPhillips climbed 5.7%. \n</p>\n<p>\n  In the event if Iran formally attempts to close the Strait of Hormuz -- a maritime chokepoint that transports roughly 20% of the world's oil -- that could lead to further crude price gains. Oil-linked stocks would likely benefit too. \n</p>\n<p>\n  Write to Alex Kozul-Wright at alexander.kozul-wright@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 02, 2026 06:08 ET (11:08 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2129689431.USD","symbol_name":"FRANKLIN GLOBAL INCOME \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2616335678","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2616335678","pubTimestamp":1772449680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Energy stocks were soaring early Monday amid an oil price surge linked to tit-for-tat attacks between the U.S., Israel and Iran.Shares in the major oil companies were rallying in premarket trading. Exxon was up 4.6% to $159.49, while Chevron was trading 3.9% higher at $194.05.Occidental Petroleum also benefited from the surge in crude prices. Its stock rose 6.1%. Elsewhere, oil exploration and production company ConocoPhillips climbed 5.7%.In the event if Iran formally attempts to close the Strait of Hormuz -- a maritime chokepoint that transports roughly 20% of the world's oil -- that could lead to further crude price gains. Oil-linked stocks would likely benefit too.This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2129689431.USD":"FRANKLIN GLOBAL INCOME \"A\" (USD) ACC","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","COP":"康菲石油","LU0985489474.SGD":"First Eagle Amundi International AHS-C SGD-H","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","XOMO":"XOM期权收益策略ETF-Yieldmax","XOM":"埃克森美孚","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","LU0795875169.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD-H","LU1732800096.USD":"摩根大通环球收益基金A (irc)","XOMX":"2倍做多XOM ETF-Direxion","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","SCO":"二倍做空彭博原油指数ETF","XLE":"SPDR能源指数ETF","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","XOMZ":"1倍做空XOM ETF-Direxion","UCO":"二倍做多彭博原油ETF","LU2462611646.USD":"AMUNDI FUNDS REAL ASSETS TARGET INCOME \"A2\" (USD) INC MTI","LU1732799900.SGD":"JPMorgan Investment Funds - Global Income A (irc) SGD-H","BK4581":"高盛持仓","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","BK4570":"地缘局势概念股","SG9999014575.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USDHDG) INC","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU1582987597.SGD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (SGDHDG) INC","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","BK4566":"资本集团","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","CVX":"雪佛龙","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","DUG":"二倍做空石油与天然气ETF(ProShares)","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU0266512473.USD":"JPM GLOBAL NATURAL RESOURCES \"C\" (USD) ACC","IE00B2Q91V27.USD":"GUINNESS GLOBAL ENERGY \"C\" (USD) ACC","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","IE000M9KFDE8.USD":"NEUBERGER BERMAN US LARGE CAP VALUE \"A\" (USD) ACC"},"translate_title":"埃克森美孚和雪佛龙飙升。为什么能源股可能会走高。——Barrons.com","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SCO":0.6,"XOMO":0.6,"UCO":0.6,"CVX":1.5,"XOMX":0.6,"XOMZ":0.6,"XLE":0.67,"COP":0.9,"DUG":0.67,"XOM":1.5},"content_text":"By Alex Kozul-Wright \n\n\n  Energy stocks were soaring early Monday amid an oil price surge linked to tit-for-tat attacks between the U.S., Israel and Iran. \n\n\n  Shares in the major oil companies were rallying in premarket trading. Exxon was up 4.6% to $159.49, while Chevron was trading 3.9% higher at $194.05. \n\n\nOccidental Petroleum also benefited from the surge in crude prices. Its stock rose 6.1%. Elsewhere, oil exploration and production company ConocoPhillips climbed 5.7%. \n\n\n  In the event if Iran formally attempts to close the Strait of Hormuz -- a maritime chokepoint that transports roughly 20% of the world's oil -- that could lead to further crude price gains. Oil-linked stocks would likely benefit too. \n\n\n  Write to Alex Kozul-Wright at alexander.kozul-wright@barrons.com \n\n\n   This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 02, 2026 06:08 ET (11:08 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}