What's next for Venezuela oil after Maduro?

Chevron, Valero, and ConocoPhillips just hit the jackpot and this is only the beginning

In case you missed it, here is the previous article:

Dear Merchants,

What happened in Venezuela last week wasn’t just regime change it was the largest takeover in oil industry history. And if you’re not positioned, you’re already behind.

On January 3rd 2026, the United States military conducted what will be remembered as the most audacious energy play since Standard Oil was broken up in 1911. They didn’t just capture Nicolás Maduro they captured control of the Western Hemisphere’s largest untapped oil reserves.

And the market’s response was immediate and brutal…

$100 billion in wealth creation across ten American oil companies in 72 hours.

Chevron up 11%. Valero up 11%. ConocoPhillips up 10%. ExxonMobil up 7%.

This is institutional money, the smart money, the patient money, the money that moves markets repricing the entire American energy sector based on one undeniable fact, Venezuela’s oil just became America’s oil.

And we’re still in the first inning of this trade.

The Companies That Just Hit the Jackpot

Let me walk you through exactly who won, how much they won, and why this story is just getting started.