Welcome to our dedicated page for Chevron news (Ticker: CVX), a resource for investors and traders seeking the latest updates and insights on Chevron stock.
Chevron Corporation reports news across its integrated energy operations, including crude oil and natural gas production, refining, transportation fuels, lubricants, petrochemicals, additives, and energy technologies. Company updates commonly cover quarterly earnings, cash flow, shareholder returns, upstream production volumes, downstream refining throughput, commodity-price effects, legal reserves, and operating conditions across its global asset base.
Chevron news also reflects governance and capital-structure topics, material agreements, and strategy around growing oil and gas, lowering the carbon intensity of operations, and developing new energies businesses.
Chevron (NYSE: CVX), through subsidiary Cabinda Gulf Oil Company (CABGOC), announced an oil and gas condensate discovery at the 105-4X exploration well in Block 0 offshore Angola. The well in the Lower Congo Basin encountered a hydrocarbon column of more than 600 meters in the primary Pinda reservoir, including over 90 meters of net pay in what Chevron describes as excellent reservoir quality.
The company plans to assess potential development as a tie-back to existing nearby facilities to pursue a capital-efficient route to production. CABGOC operates Block 0 with a 39.2% working interest alongside Sonangol E&P (41%), TotalEnergies (10%) and Azule Energy (9.8%). Chevron links this discovery to its wider Sub-Saharan Africa exploration strategy, highlighting around 300 thousand barrels of oil equivalent per day net production in the region, recent acreage additions and multiple near-field exploration successes in Nigeria, Guinea-Bissau, Equatorial Guinea and other Angolan blocks.
Chevron (NYSE: CVX) announced that Uriel "Ose" Oseguera has been elected Treasurer, effective November 1, 2026, succeeding Navin Mahajan, who will retire after nearly 30 years with the company.
Oseguera will lead treasury functions including capital markets, corporate finance, insurance, credit and risk management, reporting to CFO Eimear Bonner.
Texas Pacific Land (NYSE: TPL) reported record second quarter 2026 results, with consolidated revenues of $246.1 million, net income of $153.9 million ($2.23 diluted EPS), adjusted EBITDA of $215.6 million, and free cash flow of $155.5 million. Oil and gas royalty production averaged 39.7 thousand Boe/d, supported by an average realized price of $42.17/Boe. Water Services and Operations revenue was $82.2 million, including produced water royalties of $37.1 million on 4.9 million bbl/d in volumes. Land and Resource Management revenue reached $163.9 million. For the first half of 2026, TPL generated revenues of $482.9 million, net income of $296.8 million ($4.30 diluted EPS), and free cash flow of $291.9 million. The company announced a quarterly dividend of $0.60 per share, a $110.2 million land acquisition program tied to data center and power projects, and an agreement with a Chevron subsidiary to supply land and brackish water for Project Kilby in Reeves County, Texas.
Chevron (NYSE:CVX), through Chevron Products Company, announced an expansion of its North American base oils distribution network via new and revised agreements with HF Sinclair Lubricants & Specialties and Renkert Oil. Effective May 1, 2027, HF Sinclair becomes Chevron's exclusive distributor of Group II base oils in Canada and its existing U.S. territories, with additional non-exclusive rights in select U.S. regions. Renkert Oil will continue distributing specified process oils and base oils across the U.S., Canada and Europe, maintaining broad coverage and technical support for lubricant and process oil customers.
Chevron (NYSE: CVX) reported second quarter 2026 earnings of $12.1 billion ($6.11 diluted EPS) and adjusted earnings of $12.0 billion ($6.06 diluted EPS). Return on capital employed was 21.4%, and cash flow from operations reached $22.6 billion, with free cash flow of $18.1 billion.
Net oil‑equivalent production averaged 4,070 MBOED, up 20% year over year, driven by legacy Hess assets and growth in the Permian Basin and Gulf of America. U.S. refinery crude unit inputs hit a record 1.07 million barrels per day with 97% utilization. Chevron reduced total debt by a record $8.4 billion, achieved $1.5 billion of Hess-related annual run-rate synergies and $3 billion of structural cost reductions since 2024. The company signed a 20‑year agreement to supply 2.67 gigawatts of behind‑the‑meter power to a Microsoft data center in West Texas and declared a quarterly dividend of $1.78 per share, payable September 10, 2026.
Ranger Energy Services (NYSE: RNGR) has signed a contract with Hess Corporation, a wholly owned subsidiary of Chevron (NYSE: CVX), to deploy three additional ECHO hybrid workover rigs in the Lower 48 United States. The ECHO is described as the industry’s first Hybrid Double Electric Workover Rig and part of Ranger’s broader fleet electrification efforts. The rigs, equipped with winterization packages and expected to operate in the Bakken, are scheduled for delivery to Chevron in 2027, bringing Ranger’s active ECHO rig fleet to an expected total of twenty rigs by the end of 2027.
Chevron (NYSE:CVX) and ZL Chemicals announced a technology licensing agreement on July 8, 2026, allowing ZL to commercialize Chevron-developed chemical surfactant technology under the Vantis™ brand.
The Vantis offering targets shale and tight reservoirs, supporting enhanced oil recovery and new well optimization, combining Chevron’s technology expertise with ZL’s commercial reach.
Chevron (NYSE:CVX) will host its 2Q 2026 earnings conference call and webcast on Friday, July 31, 2026 at 11:00 a.m. ET (10:00 a.m. CT).
Investors can listen via phone in listen-only mode or access a live and replay webcast through Chevron’s investor section online.
Joulent, a technology-driven energy company, announced a $1.75 billion strategic minority investment from National Grid Ventures to accelerate its multi-gigawatt U.S. power infrastructure platform focused on AI and advanced industry.
The deal supports project execution, including a 50% stake in Project Kilby, a 2.67 GW plant serving a Microsoft-operated data center under a 20-year PPA.
Chevron (NYSE: CVX) is promoting newly reformulated Chevron with Techron for summer 2026 road trips and everyday driving. The fuel is described as cleaning up to 100% of harmful engine deposits* and is included in every Chevron gasoline grade.
Chevron is also offering summer Chevron Rewards fuel savings. New members who join between June 30 and September 30 can get $1 off per gallon for up to 5 fill-ups. Existing members can earn 2,500 bonus points on qualifying fill-ups from June 30 to July 5.