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MARKETS

Chevron overtakes Exxon, while NextEra leaps further ahead

CHEVRON Corporation has overtaken ExxonMobil as the largest oil and gas player on the US market overnight, the first time it has been dethroned more than a century ago, while both are being overtaken by renewables giant NextEra.

Mark Tilly
Chevron overtakes Exxon, while NextEra leaps further ahead

NextEra ended overnight trade with a market capitalisation of US$145.5 billion, topping Exxon's US$141.6 billion, after eclipsing Chevron last month, which is now valued at $142 billion.  ExxonMobil's...

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