"The stocks are up, but not so dramatically that they should frighten people away from commitments to them," said Ball of Chevron and Exxon Mobil.
Exxon, Chevron 'have appeal going into the future' -strategist
STORY: The two largest U.S. oil companies, Exxon Mobil and Chevron, posted record revenue on Friday, bolstered by surging crude oil and natural gas prices and following similar results for European majors a day earlier.