Read the full article on Investor's Business Daily.
Excerpt:
Chevron's (CVX) giant $36.5 billion 2022 profit certainly turned heads — including at the White House. But plenty of S&P 500 companies will make even more than the oil giant.
The bulk of S&P 500 companies this week will report their fourth-quarter and full 2022 results. And five of them, including Apple (AAPL), Alphabet (GOOGL) and Exxon Mobil (XOM), will wind up making even more than Chevron's historic haul, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith. In fact, Apple is seen making more than $96 billion in 2022 — or 163% more than Chevron.
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