Chevron

CVX

Market cap $378B

High Oil Prices Are Doing What Policy Never Could: It Is Making For Winning Comeback Stories

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

The on-again, off-again peace talks in the Middle East have, once again, whipsawed oil prices. While newsworthy today, energy prices have always been volatile.

Chevron has applied to join Argentina's incentive regime for ​large investments for a $13.8 billion unconventional ‌oil project in the El Trapial area of Vaca Muerta, the U.S. oil major said on ​Tuesday, in what would rank among the ​biggest new bets on the country's ⁠shale patch.

Oil prices tumbled in May on optimism that the U.S. and Iran were close to a peace deal. That optimism is already starting to fade in early June.

BKR wins multi-year contract extensions with Equinor in the North Sea, expanding its role in drilling, well services and intervention solutions.

CQP advances its Sabine Pass Expansion Project by signing an EPC contract with Bechtel, targeting Phase 1 LNG production capacity of more than 6 MPTA.

Chevron's adjusted earnings in the first quarter were $1.41 per share, down from $2.18 in the same quarter of 2025. Timing issues with hedges were a major drag on earnings, masking the positives from the company's growing production levels.

Recently, Zacks.com users have been paying close attention to Chevron (CVX). This makes it worthwhile to examine what the stock has in store.

CVX reportedly seeks a 70% stake in a Greek offshore block, deepening its Eastern Mediterranean push and expanding a key partnership.