Knowledge Diagram Navigation:

Spatial co-ordinations are initially random, and will automatically re-arrange to minimize complexity based on distance between relationships. Mouse down and drag to pan. Right click on the strategic diagram toggles between motion and stationary. Hover over abstract node (orange) to view abstractions. Hover over leaf node to view corresponding narrative. Left click on the leaf node expands the narrative to view full text.

Narrative Analysis - Report

Key Focus

Chevron reported a decline to $5.5 billion, from $6.6 billion a year ago.. . Both companies attributed their declines to lower profitability from refining crude oil into products like gasoline and diesel. Their earnings were also hurt by falling prices for natural gas, a key fuel that is used in heating and industry ...

The price for Brent crude oil, the international benchmark, has been rising in recent weeks and is currently just under $90 a barrel ...

No momentum supporting factor found

No challenge supporting factor found

Work-in-progress supporting factors

(guyana,rbc_capital_markets)

(guyana,country)

(oil,rbc_capital_markets)

(guyana,latin_american)

(guyana,biraj_borkhataria)

Time Period	Challenge	Momentum	WIP
Report	0.00	0.00	100.00

High Level Abstraction (HLA) combined

High Level Abstraction (HLA)	Report
(1) (oil,crude)	100.00
(2) (oil,guyana)	71.01
(3) (oil,country)	59.42
(4) (oil,earnings)	52.17
(5) (guyana,rbc_capital_markets)	47.83
(6) (guyana,country)	47.83
(7) (oil,rbc_capital_markets)	46.38
(8) (guyana,latin_american)	44.93
(9) (oil,latin_american)	43.48
(10) (guyana,investment)	42.03
(11) (oil,investment)	40.58
(12) (oil,international)	39.13
(13) (oil,industry)	37.68
(14) (oil,gas)	33.33
(15) (guyana,biraj_borkhataria)	27.54
(16) (oil,biraj_borkhataria)	26.09
(17) (guyana,bank)	24.64
(18) (oil,bank)	23.19
(19) (earnings,ukraine)	21.74
(20) (guyana,earnings)	21.74
(21) (guyana,quarterly)	20.29
(22) (guyana,merger)	18.84
(23) (guyana,jeopardy)	17.39
(24) (earnings,russia)	15.94
(25) (guyana,borkhataria)	14.49
(26) (earnings,gas)	13.04
(27) (earnings,crude)	10.14
(28) (earnings,markets)	2.90
(29) (earnings,international)	1.45

Supporting narratives:

Please refer to knowledge diagram for a complete set of supporting narratives.

WIP - Back to HLA

ExxonMobil and Chevron, the largest American energy companies, said on Friday that their earnings in the first quarter fell from a year earlier, pulled down by lower margins on oil refining and plunging natural gas prices. ...
High Level Abstractions:

(oil,earnings)

WIP - Back to HLA

. The price for Brent crude oil, the international benchmark, has been rising in recent weeks and is currently just under $90 a barrel ...
High Level Abstractions:

(oil,crude)

WIP - Back to HLA

Chevron reported a decline to $5.5 billion, from $6.6 billion a year ago.. . Both companies attributed their declines to lower profitability from refining crude oil into products like gasoline and diesel. Their earnings were also hurt by falling prices for natural gas, a key fuel that is used in heating and industry ...
High Level Abstractions:

(oil,crude)

WIP - Back to HLA

Chevron's adjusted earnings of $2.93 per share were slightly above expectations, while ExxonMobil's $2.06 per share were below, said Biraj Borkhataria, an analyst at RBC Capital Markets, an investment bank.. . The two companies are locked in a rivalry over the oil riches of Guyana ...
High Level Abstractions:

(guyana,rbc_capital_markets)
(guyana,biraj_borkhataria)
(oil,rbc_capital_markets)
(oil,biraj_borkhataria)

WIP - Back to HLA

The two companies are locked in a rivalry over the oil riches of Guyana. ExxonMobil led the development of the Latin American country into the most important new oil producer in recent years. ...
High Level Abstractions:

(guyana,country)
(oil,country)
(guyana,latin_american)
(oil,latin_american)

WIP - Back to HLA

Chevron's adjusted earnings of $2.93 per share were slightly above expectations, while ExxonMobil's $2.06 per share were below, said Biraj Borkhataria, an analyst at RBC Capital Markets, an investment bank.. . The two companies are locked in a rivalry over the oil riches of Guyana. ExxonMobil led the development of the Latin American country into the most important new oil producer in recent years ...
High Level Abstractions:

(guyana,investment)
(oil,bank)
(oil,guyana)
(oil,investment)
(guyana,bank)

WIP - Back to HLA

. The price for Brent crude oil, the international benchmark, has been rising in recent weeks and is currently just under $90 a barrel. ...
High Level Abstractions:

(oil,international)

WIP - Back to HLA

Their earnings were also hurt by falling prices for natural gas, a key fuel that is used in heating and industry. ...
High Level Abstractions:

(oil,industry)

WIP - Back to HLA

But Chevron is trying to move into Guyana through a $53 billion proposed acquisition of Hess, a midsize company based in New York with a large stake in Guyanese oil fields. ...
High Level Abstractions:

(oil,guyana)

WIP - Back to HLA

ExxonMobil and Chevron, the largest American energy companies, said on Friday that their earnings in the first quarter fell from a year earlier, pulled down by lower margins on oil refining and plunging natural gas prices.. . But the oil and gas business remains highly profitable for the two giants even at a time of moderate oil prices ...
High Level Abstractions:

(oil,gas)

WIP - Back to HLA

ExxonMobil is balking at the entry of a rival into such lucrative turf and is exploring the possibility of using a legal right to acquire the Hess stake in key oil fields off the coast of the country. ...
High Level Abstractions:

(oil,country)

WIP - Back to HLA

Borkhataria called the Guyana situation "the elephant in the room" for Chevron.. . In its quarterly earnings report, ExxonMobil highlighted its contributions to Guyana. ...
High Level Abstractions:

(guyana,earnings)

WIP - Back to HLA

Mr. Borkhataria called the Guyana situation "the elephant in the room" for Chevron.. . In its quarterly earnings report, ExxonMobil highlighted its contributions to Guyana. ...
High Level Abstractions:

(guyana,quarterly)

WIP - Back to HLA

Uncertainty over whether the merger may be in jeopardy has weighed on Chevron's share price, analysts say. Mr. Borkhataria called the Guyana situation "the elephant in the room" for Chevron. ...
High Level Abstractions:

(guyana,merger)
(guyana,jeopardy)

WIP - Back to HLA

ExxonMobil is balking at the entry of a rival into such lucrative turf and is exploring the possibility of using a legal right to acquire the Hess stake in key oil fields off the coast of the country. It has filed for arbitration over the situation.. . "We have created tremendous value" in Guyana, Darren W ...
High Level Abstractions:

(guyana,country)

WIP - Back to HLA

Uncertainty over whether the merger may be in jeopardy has weighed on Chevron's share price, analysts say. Mr. Borkhataria called the Guyana situation "the elephant in the room" for Chevron.. . In its quarterly earnings report, ExxonMobil highlighted its contributions to Guyana ...
High Level Abstractions:

(guyana,borkhataria)

WIP - Back to HLA

Natural gas prices, which soared after Russia's invasion of Ukraine in 2022, have fallen sharply as markets adjusted. ...
High Level Abstractions:

(earnings,gas)

WIP - Back to HLA

Brent crude is still selling for well below its 2022 peak, when it jumped above $100 a barrel after Russia's invasion of Ukraine. ...
High Level Abstractions:

(earnings,ukraine)
(earnings,russia)

WIP - Back to HLA

Natural gas prices, which soared after Russia's invasion of Ukraine in 2022, have fallen sharply as markets adjusted.. . Chevron's adjusted earnings of $2.93 per share were slightly above expectations, while ExxonMobil's $2.06 per share were below, said Biraj Borkhataria, an analyst at RBC Capital Markets, an investment bank ...
High Level Abstractions:

(earnings,ukraine)
(earnings,markets)
(earnings,russia)

WIP - Back to HLA

The price for Brent crude oil, the international benchmark, has been rising in recent weeks and is currently just under $90 a barrel ...
High Level Abstractions:

(earnings,crude)

WIP - Back to HLA

If this upward trend continues, company earnings could rise. Brent crude is still selling for well below its 2022 peak, when it jumped above $100 a barrel after Russia's invasion of Ukraine ...
High Level Abstractions:

(earnings,crude)

WIP - Back to HLA

The price for Brent crude oil, the international benchmark, has been rising in recent weeks and is currently just under $90 a barrel. If this upward trend continues, company earnings could rise ...
High Level Abstractions:

(earnings,international)

Semantics Relevance

ExxonMobil and Chevron Report Lower Earnings