Chevron (CVX) came out with quarterly earnings of $6.06 per share, beating the Zacks Consensus Estimate of $5.8 per share. This compares to earnings of $1.77 per share a year ago.
ExxonMobil and Chevron on Friday reported second-quarter profits that surged on rising oil prices due to the Iran war.
Chevron is benefiting from higher oil prices while pursuing new growth opportunities in Iraq, Venezuela, Argentina, and power generation for AI data centers.
CVX explores Iraq's giant oil fields and export projects, signaling plans to evaluate a broader upstream presence in a key producing region.
As CVX gears up to report second-quarter earnings on July 31, let's find out how the expectations stack up. Also, know how to play the stock ahead of results.
In the most recent trading session, Chevron (CVX) closed at $190, indicating a -2.46% shift from the previous trading day.
CVX expands its offshore Malaysia plans as a Chevron subsidiary awards a $51 million drilling contract supporting the North Malay Basin gas development campaign.
Zacks.com users have recently been watching Chevron (CVX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The company, which has a 50% stake in a giant oil-and-gas field in Kazakhstan, spoke with U.S. officials after a Ukrainian attack hit a tanker chartered by Chevron in the Black Sea.
Exxon Mobil (NYSE:XOM | XOM Price Prediction) and Chevron (NYSE:CVX) both reported Q1 2026 results on May 1, 2026, right as the war with Iran reshaped global crude flows.
Chevron (CVX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Energy is back in focus midday Thursday. WTI crude oil is up 6% over the past 24 hours to $91.94 per barrel, and Barron's reported that WTI briefly hit $100 per barrel earlier today, its first time above $100 in nearly two months, before settling near $91.94.