Why did Trump criticize Chevron despite the company posting record profits?

Seeing 'Chevron' trending with something about Trump attacking the CEO. What's the actual dispute?

Chevron reported one of its strongest quarters in years on July 31, 2026, with record net income of $12.1 billion and adjusted earnings well ahead of analyst expectations, driven partly by a 20% production increase tied to its Hess acquisition. On August 3, President Trump publicly criticized Chevron CEO Mike Wirth over social media, accusing him of ingratitude and demanding the company lower gas prices, amid voter frustration as national average gas prices sat around $4.10 a gallon. Chevron's stock actually fell in the days after its earnings report, but for a separate, unrelated reason: a broader drop in crude oil prices following news of a proposed US-Iran de-escalation (including a paused planned military strike and renewed diplomatic talks over the Strait of Hormuz) alongside an OPEC+ decision to raise production for a sixth consecutive month — both of which tend to push oil prices down, pressuring energy stocks broadly, not just Chevron. In short: record profits and high gas prices happened at the same time, which is what triggered the political criticism, while the stock's actual price movement was driven by unrelated global oil-supply news.