The nearly closed Strait of Hormuz is lifting oil and gas prices, along with chemical prices. Investors should be bullish on energy firms like Chevron (CVX) and LyondellBasell (LYB), a chemical producer.Chevron enjoyed a rally nearly throughout July. In Q2, it earned $6.06 as revenue increased by 5…
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Chevron Corporation (NYSE:CVX) posted a blockbuster Q2 with $12.07B net income, ~$70.3B revenue and $18.1B free cash flow while boosting Tengiz capacity, trimming debt and returning $6.5B, even as it reshapes Asia-Pacific assets, coordinates on Kazakh operations and eyes Venezuela talks.Previous We…
Crude oil prices tumbled on Monday after U.S. President Donald Trump announced that negotiations with Iran would begin later in the day, saying there’s a deal to reopen the Strait of Hormuz and that talks on the denuclearization of Iran would follow.The remarks eased fears of prolonged supply disru…
Chevron (CVX) Q2 2026: adj. earnings ~$12.0B (~$6.06 EPS), revenue ~$70.1B (+56% YoY), production ~4,070 mboe/d (U.S. 2.08M bbl/d), operating cash flow ~$22.6B, debt $37.08B, divid
Q2 saw record upstream and downstream performance, $12.1B in earnings, and $3B in cost reductions. Major synergies from the Hess acquisition and a landmark 20-year power PPA with Microsoft were achieved, while capital discipline and robust growth options remain central.Based on Chevron Corporation…
Q2 2026 earnings surged to $12.1 billion, driven by record U.S. production, higher commodity prices, and successful integration of Hess assets. Debt was reduced by $8.4 billion, and ROCE reached 21.4%.Original document: Chevron Corporation [CVX] SEC 8-K Current Report — Jul. 31 2026This is an AI-ge…
Earnings and cash flow surged in 2Q26, driven by record U.S. production, Hess synergies, and disciplined capital allocation. Structural cost reductions and a strengthened balance sheet supported robust returns, while new power projects and portfolio enhancements extended growth prospects.Original d…
Oil prices retreated sharply Monday, pulling energy shares lower after the United States and Iran paused military strikes over the weekend, easing immediate concerns about disruptions to global crude supplies.Energy producers and refiners moved lower in premarket trading alongside the drop in crude…
CVX (Chevron Corporation) is set to announce its Q2'26 results on July 31, before the market opens. The earnings are expected to be disclosed at 6:15 AM ET (10:15 AM UTC).For Q2'26, revenue estimate is 63.53 billion USD with EPS (earnings per share) anticipated at 5.53 USD. Learn more details at CV…
Shares of Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) were mixed in early premarket trading on Friday as oil prices soared over $100 a barrel on Thursday.XOM stock is up nearly 28% so far in 2026 and CVX stock has gained about 25% in the same time. Yet, Piper Sandler sees further upside in both…
Shares of multiple oil companies and oil exchange-traded funds climbed overnight late Sunday after Brent crude prices rose above $90 a barrel amid escalating tensions between the U.S. and Iran.Mohamed El-Erian, Chief Economic Advisor at Allianz, noted on X late Sunday, “Responding to this weekend's…
Just before the U.S. celebrated the Fourth of July, the government established a Memorandum of Understanding with Iran. The two countries set the steps required to reopen the Strait of Hormuz.The MOU ended abruptly late last week. Iran established ship routes that must pass its side of the Strait…
Chevron (NYSE:CVX) is set to report about $9.7B in Q2 net income—more than double the prior quarter—driven by higher crude, diesel and jet fuel prices amid U.S.–Iran tensions, while licensing its Vantis surfactant to ZL Chemicals to boost recovery in unconventional reservoirs.Previous Week Recap…
Microsoft NASDAQ:MSFT, a major software company investing heavily in artificial intelligence infrastructure, reported that its carbon emissions increased 25% in 2025 as its rapid data-center expansion placed more pressure on its sustainability goals. The company emitted 20 million metric tons of ca…
What Happened? A number of stocks jumped in the afternoon session after oil prices surged following attacks on commercial ships near the Strait of Hormuz.Multiple tankers were reportedly struck by projectiles in the critical shipping lane, a key passageway for global oil transport. The incident imm…
By Steven ScheerIsrael has launched its fifth competitive process to search for more natural gas in the country's economic waters, Energy Minister Eli Cohen said on Monday, seeking to bolster domestic reserves while increasing exports.Israel's gas needs are served by a number of fields off its Medi…
Kazakhstan's oil and gas condensate production rose 2% month on month in June to 8.59 million metric tons, or 2.16 million barrels per day, from 2.12 million bpd in May, a source familiar with preliminary data said.
HOUSTON--(BUSINESS WIRE)--July 02, 2026--Chevron Corporation NYSE:CVX, one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, July 31, 2026 at 11:00 a.m. ET (10:00 a.m. CT).Conference Call Information:Date: Friday, July 31, 2026Time: 11:00 a.m. ET…
(12:27 GMT) Chevron Price Target Announced at $210.00/Share by Wolfe Research
