Claims extracted
23
sentences that state something as happening or true
Uncertain
13%
3 of 23 hedged
("reportedly", "may", "according to")
Leaning
Leans left
of the writing, not the subject · beta estimate
Publisher signals
66/100
The Guardian's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
3
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
ExxonMobil and Chevron both reported better than expected quarterly results on Friday as the oil majors benefited from higher prices and record production.
asserted
majors → report → prices
The boon for oil companies has simultaneously been a major pain point for consumers, who say the higher cost of living, especially gas prices, will affect how they vote in the upcoming midterm elections that will determine control of Congress.
asserted
that → say → Congress
Gas prices for consumers are an average $4.20 a gallon, according to AAA, nearly $1.20 a gallon higher than a year ago.
uncertain
prices → accord → AAA
In a recent Harris poll for the Guardian, 36% of voters said the rising cost of living is the single most important issue this election.
asserted
cost → say → living
Besides the disruption caused by the wars in Iran and Ukraine that have driven up the cost of fuel, Exxon is also seeing strong production in its fields in Guyana and the Permian Basin in the south-west.
asserted
Exxon → cause → west
Chevron said its results include one month of production in Venezuela where it is making a big investment.
asserted
it → say → investment
The price of diesel, currently about $6.32 per gallon, is up 71% since last year, according to AAA.
uncertain
price → accord → AAA
Darren Woods, ExxonMobil chairman and CEO, noted that investments such as the expansion of its Beaumont refinery in Texas have contributed to an increase in its distillate production by approximately 40% since 2019.
asserted
investments → note → 2019
For the third quarter, net income more than doubled to $3.72 per share.
asserted
income → double → share
On an adjusted basis, profit totaled $4.23 per share, easily topping the average analyst estimate of $4.12 per share.
asserted
profit → total → share
Revenue during the three months ended in September rose 33% to $113.16bn, also beating estimates.
asserted
Revenue → end → estimates
The company, based in Spring, Texas, also raised its quarterly dividend to $1.07 and set a $20bn stock buyback plan.
asserted
company → base → plan
Houston-based Chevron said on Friday it earned $9.9bn, or $5.06 per share, during the third quarter, as revenue surged 36% to $67.8bn.
asserted
revenue → base → 67.8bn
Its results handily topped estimates.
asserted
results → top → estimates
Chevron, the second-largest US oil company, has had a presence in Venezuela since 1923.
asserted
Chevron → have → 1923
Last month it announced it will invest $7bn over the next five years in Venezuela.
asserted
it → announce → Venezuela
It said on Friday that following an accounting-related change during the quarter, it was now including those results.
asserted
it → say → results
In pre-market trading, Exxon shares rose 1.9%.
asserted
shares → rise → trading
Chevron shares rose 1.1%.
asserted
shares → rise → ?
At a recent rally in Georgia on 24 October, Donald Trump told the crowd – despite, he noted, warnings from his advisers not to – that higher gas prices had ultimately been a blessing for all Americans.
“Our country is making hundreds of billions of dollars because of what’s happened in the Middle East, because they’re coming to Texas and they’re coming to Oklahoma and they’re coming to Louisiana and they’re taking that oil,” Trump said.
asserted
Trump → tell → oil
Trump said that “fake headlines” would claim that he “is talking about all the money they’re making while people are suffering at the pump”.
uncertain
people → say → pump
“But I said, ‘I don’t give a damn, I’m gonna say it: we’re making a frickin’ fortune,’” he said.
asserted
he → say → fortune
The Associated Press contributed to this report
asserted
Press → contribute → report
The Aporia
