Middle East disruptions

TotalEnergies partners with Dell and NVIDIA on €100M+ Pangea 5 AI supercomputer in France, though shares fell 5.17% amid earnings misses and production disruptions.

TotalEnergies commences $300M Philippine solar project; earnings miss revenue expectations as Middle East disruptions trigger 15% production shutdown.

NOV reports Q1 2026 revenue decline to $2.05B amid Middle East disruptions; management expects undersupplied market recovery ahead.

Halliburton beat Q1 expectations with $0.55 adjusted EPS and $5.4B revenue, signaling North American recovery. Goldman Sachs raised price target to $44, implying 20% upside.

Exxon Mobil shares rally as U.S.-Iran tensions drive crude oil prices higher, with WTI and Brent both surging on Strait of Hormuz disruption concerns.

Exxon Mobil shares rise as failed Iran nuclear talks spark crude surge to $104/barrel, offsetting prior guidance of $300-500M Q1 earnings impact.

Shell cuts Q1 gas output guidance to 880,000-920,000 boe/d from 920,000-980,000 boe/d due to Middle East disruptions affecting Qatar volumes, sending shares down 4.33%.

Occidental Petroleum's domestic-focused operations position it to outperform competitors like Chevron amid rising geopolitical tensions, supported by Buffett's major investment.