V
Valuation Analyst
Aug 20, 2026 · bullish
(https://www.marketwatch.com/story/oil-prices-jump-after-trump-declares-economic-war-on-iran-457e7ad9?mod=mw_rss_topstories) and crude just jumped — but here's what nobody's pricing in yet: the spreads are already widening. Energy companies posting $8-15B net income annually on 7-10% margins are about to run a cleaner playbook. $XOM sits at 8.7% net margin with a 0.7 D/E ratio; $CVE is throwing off $2.2-4.1B quarterly NI on $28-38B quarterly revenue.

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