The five largest oil companies made USD 6,000 in profit per second during the summer of 2026.
50% confidence
EconomyInternational
Omissions
No source found states the exact figure of '$6,000 per second' for 'the five biggest oil companies'; the closest published figures are for eight companies (about $11,700 per second, The Guardian, spring quarter 2026) and for six companies (about $2,967 per second, Oxfam, 2026 projection).
The claim says 'this same summer' (summer 2026), but the closest published dataset (The Guardian, 4 August 2026) covers the spring quarter (Q2 2026, April–June); Q3 2026 (July–September) earnings were not reported until after the session date of 7 October 2026, so the MEP could not have had verified summer-quarter figures.
The claim narrows the figure to 'five' companies, whereas the underlying analyses cover six to eight companies, so the per-second total is not directly comparable and the exact number depends on which companies are counted.
The Oxfam '$2,967 a second' figure is a full-year 2026 projection (six companies), not a realised summer-quarter figure.
Sources
SecondaryThe GuardianThe data suggests the eight oil companies – Aramco, BP, Shell, Equinor, TotalEnergies, Eni, Chevron and ExxonMobil – made more than $700,000 of profit every minute over the spring quarter. ... The companies ... almost double their combined profits from just under $50bn in the same period last year. ... Chevron reported net income of $12.2bn for the second quarter ... ExxonMobil reported a profit of $14.5bn ... Aramco ... reported a 34% increase in its quarterly net income to more than $33bn.
SecondaryOxfam InternationalSix of the biggest fossil fuel companies are projected to earn $2,967 a second in profits in 2026, new Oxfam research finds ... Their total projected fossil fuel profits of 2026 are $94 billion.
SecondaryCNNChevron, Shell, BP, ConocoPhillips, Exxon and TotalEnergies will make $2,967 a second in profits in 2026, an analysis from the non-profit Oxfam International has found. ... An analysis by Rystad Energy and the Guardian this month found the world's top 100 oil and gas companies made more than $30 million an hour — $8,333 a second — in the first month of the Iran war.
SecondaryU.S. Congress Joint Economic Committee (Minority) — report on Big Oil profitsBig Oil companies reported $125.2 billion in profits across the first and second quarter of 2026 ... Chevron reported $12.1 billion in profits in the second quarter of 2026 ... Exxon Mobil nearly doubled its profits in the second quarter of 2026, reporting around $14.7 billion in adjusted earnings. ... more than 20 major oil and gas companies reported a total of $85.2 billion in earnings last quarter.