XOM, CVX Earnings Put Cash Flow and Refining in Focus & Options Trade

Rob Thummel breaks down Exxon Mobil (XOM) and Chevron (CVX) earnings, highlighting strong cash flow generation, shareholder returns, and a supportive refining backdrop. Tom White also outlines a bearish options strategy on Exxon, citing the stock's close relationship to crude oil prices.

Morning Trade Live

31 Jul 2026

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