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As of Aug 15, 1:00 AM ET ·
CVX News30 articles
Chevron Rises 1.7% as Storm Threat Fades, Oil Gains on Iran Worries
Chevron shares advanced 1.7% after the National Hurricane Center slashed the odds of a nearby storm developing. Oil prices climbed on Iran supply worries, not storm threats.
Markets
Chevron Surges 4.5% as Oil Rally Tightens Analyst Upside
Chevron (CVX) shares rose 4.48% to $194.91 as oil prices rallied on stalled Iran talks, but the average analyst target now offers just 6.4% upside.
Markets
Oil Rally and Chevron's Strong Cash Flow Lift Energy Stocks
Chevron shares rose 4.5% to $194.91 after oil prices climbed 5% on stalled Iran negotiations, while the company's Q2 free cash flow surged to $18.1 billion.
Commodities
Oil Surge on Hormuz Tensions Drives Energy Rally, S&P 500 Steadies Near Record
Energy shares rallied 3.5% as oil prices surged on Iran's Hormuz Strait conditions. The S&P 500 hovered near record highs, with JPMorgan lifting its year-end target to 8,000.
Markets
Dow's Calm Exterior Masks 178-Point Tug-of-War Among Key Components
Apple and Home Depot weighed on the Dow, but Microsoft and Chevron gains offset the drag, leaving the index nearly flat despite a 178-point swing.
Markets
Dow's Price-Weighted Drop: Six Stocks Drive 454-Point Slide
The Dow dropped 454 points, with six stocks accounting for 81% of the decline due to price-based weighting. Other indices fell modestly.
Markets
Dow Drops 370 Points as Five Stocks Drive Most of the Decline
The Dow Jones Industrial Average fell 370 points, with five stocks accounting for 59% of the decline. Broader markets showed resilience, suggesting sector rotation.
Markets
Trump Demands Fuel Price Cuts from Big Oil After Record Profits
President Trump pressures Exxon and Chevron to cut retail fuel prices after their combined Q2 profits surged to $26.6 billion, raising political scrutiny on the sector.
Markets
Guyana's Oil Revenue Share to Rise as Stabroek Cost Recovery Hits $55B
Stabroek consortium recoups $55B in costs ahead of schedule, shifting Guyana to profit-sharing. Exxon's entitlement dips 100k bpd, but free cash flow expected to double by 2030.
Markets
Exxon Shares Slide as Q2 Earnings Miss, Yet Cash Flow Spurs Debt Reduction
Exxon Mobil's Q2 earnings missed forecasts, but robust cash flow allowed significant debt reduction. Shares dipped 2% premarket.
Earnings
Chevron's Refining Strength Drives Q2 Earnings Surprise
Chevron reported a 9% earnings beat, powered by its refining unit, as production rose 5.5% and free cash flow hit 4.7% of market value.
Earnings
BP North Sea Exit, AI Surge Reshape Global Markets
BP announced North Sea asset divestment, while AI stocks fueled a record KOSPI surge. US futures advanced on easing inflation and robust GDP, with Big Tech earnings boosting optimism.
Markets
Dow Plunges Over 850 Points as Oil Surge Sparks Broad Selloff
The Dow Jones Industrial Average fell 852 points in midday trading, driven by an oil market shock that sent energy stocks higher but weighed heavily on blue-chip shares.
Markets
Oil Spike and Fed Jitters Drag Dow 852 Points; Two Stocks Account for Most of the Drop
US stocks slid midday Wednesday, with the Dow down 852 points, as oil prices surged and the Fed decision approached. Two high-priced components accounted for most of the drop.
Markets
Energy Stocks Hold Steady as Oil Prices Slide on Hormuz Reopening Hopes
Oil prices extended losses on Tuesday amid hopes for a full reopening of the Strait of Hormuz, but major energy stocks remained largely unchanged, signaling investor confidence in earnings.
Commodities
Nasdaq Drops 2.2% as Oil Hits $100, AI Spending Strains Alphabet and Tesla
U.S. stocks closed sharply lower Thursday as Brent crude topped $100 and heavy AI capital spending strained Alphabet and Tesla, dragging the Nasdaq down 2.15%.
Markets
Brent Crude Tops $100 After Saudi Tanker Hit in Red Sea
Brent crude rose above $100 after a Saudi tanker was attacked in the Red Sea, threatening an alternative route to the Strait of Hormuz.
Commodities
Crude Breaches $100 as Red Sea Tanker Attack Rattles Markets; Energy Equities Lag
Brent crude jumped 6.7% to $100.37 after a Red Sea tanker attack, but U.S. energy stocks rose only modestly, suggesting investors view the event as a temporary disruption.
Commodities
Dow Rises 142 Points; Two Stocks Drive Nearly 70% of Gain
The Dow Jones Industrial Average climbed 142 points by midday Wednesday, with Caterpillar and Goldman Sachs accounting for nearly 70% of the gain.
Markets
US Refiners Surge as Diesel Margins Hit Record on Hormuz Disruptions
US refiners surged last week as diesel margins hit record highs, with a basket of Valero, Marathon Petroleum, and Phillips 66 jumping over 10%.
Commodities
Chevron Gains 6% on Oil Rally, Iraq Deals Play Second Fiddle
Chevron shares advanced 6.2% last week, closely tracking a 16% jump in WTI crude oil. Non-binding agreements with Iraq were a secondary factor.
Markets
Energy Stocks Surge as AI Shares Slide Amid Oil Rally
A 6.3 percentage point gap opens between AI suppliers and oil majors as crude surges above $81, signaling a shift from growth to cash flow.
Markets
Energy Stocks Surge on Middle East Tensions, Outperform Tech by 3.5 Points
Energy stocks gained 1.1% on Middle East oil risks, outperforming tech which dropped 2.4%. S&P 500 slipped 0.6% as Brent held above $84 and Treasury yields rose.
Markets
Oil Majors and Refiners Surge as Fuel Margins Drive Earnings Boom
Oil majors and refiners saw strong gains as fuel margins, not just crude prices, drive Q2 earnings expectations. Exxon and Chevron combined adjusted net income is forecast at $25.8 billion.
Commodities
Narrow Tech Selloff Masks Broad Market Resilience as Rotation Plays Out
While the Nasdaq fell 0.9% on a memory-chip selloff, the equal-weight S&P 500 rose 0.18%, indicating the selling is narrow and a rotation into energy and defensive stocks is underway.
Markets
Chevron Stock Rises 4% This Week Despite 54% Drop in Annual Gas Deal Volume
Chevron shares rose 4.3% this week, but a new gas deal with Alinta Energy reveals a 54% drop in annual volume. The stock outperformed the market and peers.
Markets
ExxonMobil Shares Fall Despite $5 Billion Q2 Earnings Boost
ExxonMobil shares fell 2% despite a $5 billion Q2 earnings forecast, as much of the gain came from accounting timing effects, wiping out $11.6 billion in market value.
Earnings
Brent Crude Holds Below $78 as Hormuz Tensions Ease on Supply Signals
Brent crude hovers near $78 amid U.S.-Iran tensions, but supply recovery and EIA outlook cap gains. Market eyes Hormuz risks and OPEC+ moves.
Commodities
Occidental Petroleum Jumps on Upgrade and Oil Rally
Occidental Petroleum shares rose 3.6% after an Evercore upgrade and a sharp jump in oil prices due to U.S.-Iran tensions. The stock's rally hinges on sustaining the crude premium and continued debt reduction.
Commodities
Dow Slides as Oil Surge and Fed Rate Hike Bets Rattle Blue-Chips
The Dow fell 1.5% as rising oil prices and increased Fed rate hike bets pressured blue-chip stocks, with the index hovering near 52,100.
Markets