CVX Chevron Corp
Company Analysis
Latest News
Chevron Refuses Hormuz Transit Tolls, Citing Regional Security Risks
Chevron CEO Mike Wirth announced the company will not pay tolls to transit the Strait of Hormuz. Wirth delivered the statement during a Bloomberg TV interview...
Chevron Stockholders Re-elect Board and Approve Executive Pay at 2026 Annual Meeting
Chevron announced the final voting results from its 2026 Annual Meeting of Stockholders held on May 27, 2026. Stockholders elected all 12 director nominees,...
Chevron, Exxon warn of $160 oil, citing rapidly falling inventories
Chevron CEO Mike Wirth and ExxonMobil executive Neil Chapman warn of rising oil prices due to rapidly falling crude inventories. [3, 6, 13] The executives...
Chevron Partners Ink $6.7 Billion Gas Deal for Israeli Power Plants
NewMed Energy and Ratio Energies signed a 20-year agreement to supply natural gas to Dalia Energy Companies Ltd. The contract will fuel two new combined-cycle...
Gavin Newsom Urges California Drivers to Avoid Chevron Over High Gas Prices
California Governor Gavin Newsom urged drivers to avoid Chevron stations over Memorial Day weekend. Newsom accused the oil company of price-gouging. Newsom's...
Berkshire Hathaway Trims Chevron Stake in Q1, Largest Sale Among 16 Exits
Berkshire Hathaway sold billions of dollars in Chevron stock during Q1 2026, marking the largest of 16 portfolio exits under CEO Greg Abel. Despite the massive...
Chevron Shares Rise as HSBC Lifts Price Target Amid Surging Global Oil Prices
Chevron (CVX) shares climbed to $194.79 following a price target upgrade from HSBC and rising crude oil prices. The company is currently streamlining its...
Chevron Seeks $227M Texas Tax Break, Powering Microsoft Data Centers
Chevron is seeking a $227 million tax abatement to construct a natural gas power plant in West Texas. The facility will bypass the public energy grid to...
Chevron Sells $2.2B Asian Assets to Eneos, Streamlining Portfolio
Chevron Corp agreed to sell its 50% stake in Singapore Refining Company to Eneos Holdings. The $2.2 billion deal includes downstream assets in Australia,...
California gas prices to surge, losing Middle East oil and refineries
California faces potential fuel shortages and higher gasoline prices following the halt of Middle East crude oil shipments. The state's market remains isolated...
Chevron enters Syria for offshore oil, targeting Eastern Mediterranean growth
Syria announced a partnership with Chevron Corp and Qatar’s UCC Holdings on May 11, 2026. This agreement establishes the nation's first deep-water oil and gas...
Chevron commits $10 billion to Argentina shale, citing new investment framework
Chevron is submitting a development plan exceeding $10 billion for Argentina’s Vaca Muerta shale formation. This commitment represents one of the largest...
Chevron Eyes $216 Target, Goldman Sachs Cites Strong Cash Flow
Goldman Sachs raised its 12-month price target for Chevron to $216. The revision increases the target from the previous $211 level. The investment bank...
🔴 CVX is trading 3% down today as oil prices slide on Middle East de-escalation
CVX is trading at $179.57 (-3.02%) as oil prices tumble following progress in U.S.-Iran peace talks and reported de-escalation in the Strait of Hormuz. •...
🔴 CVX is trading 3.3% down today as oil prices ease on geopolitical de-escalation
CVX is trading at $186.30 (-3.29%) as oil prices retreat following progress in overseas peace talks and de-escalating tensions in the Iran Strait. • The...
🔴 CVX is trading 4.9% down today as oil prices slide on reports of progress in overseas peace talks
CVX is trading at $183.01 in pre-market, down approximately 4.9% as oil prices face pressure from reports of progress in overseas peace talks. • The decline...
🔴 CVX is trading 5.1% down today as oil prices fall on peace talk progress
CVX is trading at $182.75 (-5.1%) pre-market, diverging from broader market gains as falling oil prices weigh on the energy sector. • The move follows...
Chevron's Hess Bet Is Paying Off in Barrels, but Not Yet in Buybacks — Can Discipline Win Over a Skeptical Market?
Shares slid 3.6% in pre-market to $185.76 as investors digested a paradox from Chevron's May 1 earnings call: the biggest production leap in years, paired with...
🔴 CVX is trading 3.6% down today as energy prices fall on peace talk progress
CVX is trading at $185.76 (-3.6%) as energy prices decline following progress in overseas peace talks, diverging from broader market gains. • The downward...
Chevron CEO Warns of Physical Oil Shortages, Citing Hormuz Strait Closure
Chevron CEO Mike Wirth warned of imminent physical global oil shortages during a Milken Institute event. The ongoing closure of the Strait of Hormuz serves as...