Chevron Corp Stock Price, News & Analysis

Chevron (NYSE: CVX) outlined a five-year plan to 2030 at its Investor Day on November 12, 2025, targeting sustained cash flow and shareholder returns.

Key metrics include adjusted free cash flow and EPS growth >10% annually at $70 Brent, reduced capital spending guidance of $18–$21 billion per year, capex/dividend breakeven below $50 Brent through 2030, and expected share repurchases of $10–$20 billion per year through 2030 at $60–$80 Brent. Chevron also targets ROCE +3% by 2030 at $70 Brent, Hess synergies of $1.5B, structural cost reductions of $3–$4B by end‑2026, 2–3% annual production growth, and first AI data‑center power project first power in 2027.

Chevron (NYSE: CVX) announced the appointment of Amit R. Ghai as Controller, effective March 1, 2026, succeeding Alana K. Knowles, who is expected to retire in April 2026 after 38 years with the company.

Ghai will lead accounting policy, corporate and external financial reporting, internal controls, global business services and digital finance, and will report to Eimear Bonner, vice president and chief financial officer. Ghai joined Chevron in 2004 and began his industry career in 1996; he currently serves as assistant controller and secretary to the Board Audit Committee.

Arkestro announced an expanded deployment of its predictive procurement platform across Chevron (NYSE: CVX) global teams, extending from the U.S. to Buenos Aires, Angola, the Philippines, Australia, and Thailand on Oct 15, 2025. The platform aims to speed supplier cycles, reduce sourcing cost volatility and increase spend visibility.

Arkestro cites oil and gas customers achieving >20% price reductions versus last best price, running 3x more sourcing events, and realizing cost savings within 60 days. The company recently secured a $36M strategic investment led by Altira Group and Aramco Ventures.

Chevron (NYSE: CVX) named Kevin McLachlan as Vice President of Exploration effective November 1, 2025. McLachlan will lead Chevron’s worldwide exploration program from Houston and succeeds Liz Schwarze, who will retire in February 2026 after 36 years with the company. McLachlan’s background includes senior roles at TotalEnergies, Murphy Oil, Nexen and ExxonMobil and experience in international exploration, development, production and carbon capture and storage (CCS). Chevron reiterated its strategy to grow oil and gas while lowering carbon intensity and expanding new businesses.

Chevron (NYSE: CVX) will hold its 3Q 2025 earnings conference call on Friday, October 31, 2025 at 11:00 a.m. ET / 10:00 a.m. CT. The live dial-in (listen-only) is 888-256-9157 with Conference ID 5158291. Speakers include Mike Wirth (Chairman & CEO), Eimear Bonner (VP & CFO) and Jake Spiering (Head of IR).

Investors can access the live webcast and meeting replay at www.chevron.com under the Investors section. Media contact: Ross Allen, +1 (713) 372-6497. Source: BusinessWire.

Chevron (NYSE:CVX) reported Q2 2025 earnings of $2.5 billion ($1.45 per share), down from $4.4 billion ($2.43 per share) in Q2 2024. Adjusted earnings were $3.1 billion ($1.77 per share). Key highlights include reaching record production of 1 million BOE per day in the Permian Basin and returning $5.5 billion to shareholders.

The company completed the strategic Hess Corporation acquisition in July, strengthening its portfolio with high-quality assets in Guyana, U.S. Bakken, and Gulf of America. Chevron maintained strong cash flow generation, with $8.6 billion in operating cash flow and continued its 13-quarter streak of returning over $5 billion to shareholders through $2.6 billion in share repurchases and $2.9 billion in dividends.

Chevron Corporation (NYSE: CVX) has announced the appointment of John B. Hess to its Board of Directors. Hess, 71, previously served as CEO of Hess Corporation from 1995 to 2025 and as Chairman from 1995 to 2013, where he transformed the company from an integrated oil company into a focused global exploration and production company.

Hess brings significant industry experience and currently serves on various prestigious boards, including Goldman Sachs and the Center for Strategic and International Studies. He holds degrees from Harvard College and Harvard Business School, and has been actively involved in industry organizations including the American Petroleum Institute.

Chevron (NYSE: CVX) has completed its acquisition of Hess Corporation, creating a premier integrated oil & gas company. The strategic merger combines Chevron's existing portfolio with Hess' world-class assets, including a 30% stake in Guyana's Stabroek Block with over 11 billion barrels of oil equivalent discovered recoverable resource, 463,000 net acres in the Bakken, and complementary assets in the Gulf of America.

The transaction terms include 1.0250 Chevron shares for each Hess share, with Chevron issuing approximately 301 million shares of common stock. The company expects to achieve $1 billion in annual run-rate cost synergies by the end of 2025 and projects capital expenditures between $19-22 billion. Former Hess CEO John Hess is set to join Chevron's Board of Directors following FTC clearance.