CVX
Chevron Corp
Energy
Chevron Corp (CVX) Stock News
The latest CVX headlines and market coverage — 1 recent story, updated throughout the day.
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Brent Crude Is Up 85% Since January. OXY, XOM, and CVX Are Playing It Very Differently.
Despite Brent crude oil rising 85% in 2026 due to Middle East geopolitical tensions, Occidental Petroleum, ExxonMobil, and Chevron benefited unevenly in Q1. Timing of the oil price spike (occurring mainly in March), regional exposure differences, and hedging activities created headwinds. Oxy beat expectations with $1.06 EPS vs. $0.59 expected, while Exxon earned $1.16 vs. $1.01 expected and Chevron earned $1.41 vs. $0.97 expected, but both faced significant hedging charges. Q2 expectations are substantially higher.