Valero, Occidental, and 3 Other Oil Companies Pumping Out Cash

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Updated July 26, 2022 8:44 am ET / Original July 26, 2022 2:00 am ET

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Oil and gas companies are heading into earnings season this week with enormous momentum.

Refiners, producers and big multinational names like Exxon Mobil (ticker: XOM) are likely to post their best earnings results in more than a decade, if not the best ever. High prices for oil and gas and strong balance sheets have benefited the companies and investors.

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