CVX CHEVRON CORP
What matters nowUpdated 6 h ago
- On October 6, 2026 Chevron agreed to transfer its Hess Midstream ownership and general partner stake, plus its DJ Basin crude midstream assets, to Hess Midstream for $200 million in cash, and expects a one-time after-tax loss of $3 to $4 billion at closing 1. On October 5 the board named Jeff Gustavson CFO effective January 1, 2027, while Eimear Bonner moves to president of Oil, Products & Gas 2.
- CVX traded at $218.29 on the pooled 24/7 venue price, up 1.94% from the previous close of $214.13. The latest flagged move was a 2.99% gain on October 8 (z-score 2.57).
- Trailing twelve-month revenue is $215.3 billion, net income $20.6 billion and EPS $10.40, up 33.8% year on year, with a net margin of 9.6%. Free cash flow was $27.0 billion (6.3% FCF yield), the P/E is 21.0 and market cap is $431.3 billion, all as of June 30, 2026. Insiders sold 8 times for $338.0 million over the last 180 days and bought nothing.
- Q2 2026 production reached a record 4.07 million boe/d, up about 20% year on year after the Hess acquisition, and US refineries ran at 97% crude unit utilization. Project Kilby, a 20-year Microsoft power purchase agreement signed June 22, 2026, has a final investment decision expected by the end of 2026, with first power targeted for 2028.
- Next: Q3 2026 earnings and the conference call are confirmed for October 30, 2026 at 15:00 UTC, and Q4 and full-year 2026 results are estimated for January 29, 2027. Polymarket odds put a no-change Fed decision after the October 2026 meeting at 81.5% and a 25 bp increase at 17.5%. The September CPI release is due October 14, 2026.
Valuation & fundamentalsFull financials →
TTM through 2026-06-30 from SEC filings (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →
Every venue
| Venue | Price | vs pool | 24h vol | Open int. | Funding 8h |
|---|---|---|---|---|---|
| bitget perp CVXSTOCKUSDT · just now | 217.88 | 0.00% | $73.1K | $59.0K | 0.0000% |
| bybit perp CVXSTOCKUSDT · just now | 218.34 | +0.21% | $64.6K | $34.1K | 0.0000% |
| hyperliquid perp xyz:CVX · just now | 217.60 | −0.13% | $23.0K | $38.2K | -0.0816% |
Pooled price = volume-weighted median of venues within 2% of each other. Venue markets for stocks, indices and gold are 24/7 perpetual contracts; they track but are not the official exchange price.
Open interest, 120 days
US$ millions, all venues
Funding, 120 days
Annualised %, OI-weighted. Positive: longs pay shorts.
NewsAll news →
Chevron to transfer Hess Midstream stake and DJ Basin assets for $200M
Chevron agreed to transfer its Hess Midstream ownership and general partner stake, plus its DJ Basin crude midstream assets, to Hess Midstream for $200 million in cash.
Jeff Gustavson becomes CFO in January 2027 as Bonner moves to Oil, Products & Gas
Chevron's board elected Jeff Gustavson chief financial officer, effective January 1, 2027, when he becomes principal financial officer.
Chevron ENGINE and IIT Madras launch energy technology incubation program
Chevron ENGINE and the Indian Institute of Technology Madras launched a joint program in Chennai to support early-stage energy technology teams.
Chevron signs consultancy deal with Basra Oil Company over West Qurna-2
Iraq's Oil Ministry signed a consultancy agreement with Chevron to advise Basra Oil Company during negotiations over developing the West Qurna-2 field.
Chevron plans more than $7B in Venezuela joint ventures to reach 600,000 b/d
Chevron said its Venezuelan joint ventures signed updated fiscal, commercial and legal terms and gained acreage, and it plans to invest more than $7 billion over five years.
Chevron's Angola unit confirms a condensate discovery in Block 0
Cabinda Gulf Oil Company, a Chevron subsidiary with a 39.2% working interest, confirmed an oil and gas condensate discovery at the 105-4X well in Block 0 offshore Angola.
Chief Legal Officer R. Hewitt Pate sells 2,470 CVX shares at about $205
Chief Legal Officer R.
CEO Mike Wirth exercises 317,100 options and sells the shares near $200
Chairman and CEO Mike Wirth exercised 317,100 non-qualified stock options with an $88.20 strike on August 14, 2026, and sold the same number of shares in the market at weighted-average prices of about $200.44 and $201.05.
Chevron names Uriel Oseguera treasurer, succeeding retiring Navin Mahajan
Chevron said Uriel Oseguera, currently vice president of Upstream Business Performance and Finance, will become treasurer on November 1, 2026.
Director John Hess sells about 810,000 CVX shares near $194
Director John B.
Chevron Q2 2026 profit of $12.1B and $6.06 adjusted EPS; output up 20%
Chevron reported second-quarter 2026 net income of $12.07 billion, or $6.11 per diluted share, with adjusted earnings of $6.06 a share.
Tengiz output falls by more than half after CPC stops taking Kazakh crude
The Caspian Pipeline Consortium stopped accepting Kazakh crude and suspended loadings at its Black Sea terminal after its storage filled, following drone attacks on tankers near the terminal.
Kazakhstan's Energy Ministry sets a 40 Mt 2026 output target for Tengizchevroil
Kazakhstan's Energy Ministry said Tengizchevroil plans to produce up to 40 million tonnes of oil in 2026, about 2.6% more than in 2025.
Chevron Australia agrees five-year gas supply deal with Alinta Energy
Chevron Australia agreed to supply Alinta Energy with 46 petajoules of natural gas over five years, starting in July 2027.
Chevron licenses its shale surfactant technology to ZL Chemicals
Chevron Technical Center signed a licensing agreement that lets ZL Chemicals commercialize Chevron's chemical surfactant technology for improving recovery from shale and tight oil reservoirs.