Veytics Intelligence
2026-09-12 · NASDAQ

Chevron Already Committed $7 Billion to Venezuela. Trump Says Exxon Is Next. Here's the Big Difference Between the 2.

Key Points Chevron and ExxonMobil both had operations in Venezuela at one point. Exxon pulled out of the country because of political uncertainty, but Chevron stayed. Exposure to Venezuela was a thorn in Chevron's side for years, but its long commitment to the country is now a plus. 10 stocks we like better than Chevron › ExxonMobil (NYSE: XOM) is one of the world's largest energy companies, but it tends to operate in a very conservative manner. Chevron (NYSE: CVX) is another industry giant, and while slightly smaller, it has been willing to take on some risks that Exxon has specifically avoided. One big difference between the two is Venezuela.

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