Exxon stock slips after Trump hints at Venezuela block — what to watch before Tuesday

Exxon Mobil shares slipped in after-hours trading Monday following President Donald Trump’s comment that he might block the oil giant from Venezuela’s reopening—a rare public rebuke aimed at the company’s CEO.

NYSE:CVX · NYSE:XOM · Oil Industry · Stock Market
Chevron stock (CVX) heads into Monday with Venezuela output boost in spotlight

Chevron stock (CVX) heads into Monday with Venezuela output boost in spotlight

Chevron shares rose 1.8% on Friday, closing at $162.11, as investors digested the company’s assertion that it can quickly boost production in Venezuela. At a White House meeting, Vice Chairman Mark Nelson pointed to Chevron’s century-long presence in Venezuela and its unique position as the only U.S. oil major still active there. He claimed Chevron could immediately double crude “liftings” — the volumes loaded for sale — from its joint ventures with PDVSA, the Venezuelan state oil firm. Nelson added, “We are also able to increase our production within our own disciplined investment schemes by about 50% just in the next 18 to 24 months.”
11 January 2026
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JPMorgan stock: Venezuela oil-finance angle lands just as earnings week starts

JPMorgan stock: Venezuela oil-finance angle lands just as earnings week starts

JPMorgan Chase could be among the few U.S. banks positioned to pick up business if Venezuela’s oil trade opens up, with one dormant Caracas office that could be reactivated, sources and analysts told Reuters late Friday. The bank has had a presence in the country for decades, and one internal idea floated was a trade bank to finance oil exports, one person familiar with the matter said. “JPMorgan is the best in class global bank,” Wells Fargo banking analyst Mike Mayo said.
10 January 2026
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Exxon Mobil stock in focus as CEO calls Venezuela “uninvestable” while keeping return option alive

Exxon Mobil stock in focus as CEO calls Venezuela “uninvestable” while keeping return option alive

Exxon Mobil Corp shares ended Friday up 1.38% at $124.61. CEO Darren Woods said the company is ready to consider reentering Venezuela, but described the country as “uninvestable” given its current regulations. At the same White House meeting, Chevron’s Mark Nelson claimed the oil giant could double its “liftings”—crude cargo shipments—and boost production by roughly 50% within 18 to 24 months.
10 January 2026
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Exxon Mobil stock pops after-hours as CEO opens door to Venezuela return, earnings loom

Exxon Mobil stock pops after-hours as CEO opens door to Venezuela return, earnings loom

Exxon Mobil Corporation shares rose in after-hours trading on Friday after CEO Darren Woods said the company was ready to evaluate a return to Venezuela, where Exxon left after its assets were nationalized nearly two decades ago. Woods made the remarks at a White House meeting arranged days after U.S. forces captured and removed Venezuelan President Nicolas Maduro from power. Exxon stock was up 1.4% at $124.61, after trading between $122.31 and $124.86.
10 January 2026
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