Energy & Science
Exxon’s Market-Value Crown in Energy Passes to Chevron, NextEra
- Chevron emerged from 2020 price crash with stronger finances
- NextEra is world’s most valuable utility after big wind bets
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Chevron Corp. overtook Exxon Mobil Corp. as the largest oil company in America by market value, the first time the Texas-based giant has been dethroned since it began as Standard Oil more than a century ago.
The reordering of the oil giants says more about Exxon than Chevron.