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Chevron (CVX) Stock News, Feb-May 2026

CVX NYSE

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.

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Chevron (NYSE: CVX) updated stockholders at its 2026 Annual Meeting, emphasizing its strategy to provide lower carbon energy while growing oil and gas operations.

Stockholders approved all Board nominees and company-backed items, with high support levels and about 85% of outstanding shares represented by proxy.

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Chevron (NYSE: CVX) introduced next-generation Techron, a reformulated proprietary gasoline additive now in all grades of Chevron and Texaco gasolines in the U.S.

The new Techron is designed to clean up to 100% of harmful deposits from lower quality fuels*, supporting long-term engine efficiency and performance.

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Chevron (NYSE: CVX) announced that Chairman and CEO Mike Wirth will join a fireside Q&A at the Bernstein 42nd Annual Strategic Decisions Conference on May 28, 2026, at 11:00 AM ET. A live webcast and replay will be available on Chevron’s investor website.

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Chevron (NYSE: CVX) reported 1Q 2026 earnings of $2.2 billion ($1.11/share) and adjusted earnings of $2.8 billion ($1.41/share). The company returned $6.0 billion to shareholders and declared a $1.78 quarterly dividend payable June 10, 2026. Net oil-equivalent production rose to 3,858 MBOED, driven by the Hess acquisition and U.S. growth.

Cash flow and timing effects weighed on GAAP earnings; adjusted free cash flow benefited from a $1.0 billion TCO loan repayment.

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Chevron (NYSE:CVX) agreed to an asset swap with Petroleos de Venezuela that increases Chevron’s working interest in Petroindependencia to 49% after receiving an additional 13.21% stake and assigns Ayacucho 8 development rights to Petropiar.

Venezuela receives Chevron subsidiaries’ operated interests in Plataforma Deltana Block 21 and Block 32 gas licenses and Chevron’s 25.2% non‑operated Petroindependencia interest, consolidating each party’s focus on strategic Venezuelan assets and expanding Chevron’s Orinoco heavy oil position.

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Chevron (NYSE:CVX) confirmed an oil discovery at the Bandit prospect in Green Canyon Block 680, about 125 miles south of Louisiana.

The well encountered high-quality, full-to-base oil-bearing Miocene sands. Bandit is operated by Occidental (45.375% WI) with Chevron U.S.A. holding 37.125% WI and Woodside holding 17.5%.

Co-owners are evaluating results and considering subsea tie-backs to adjacent Occidental-operated infrastructure as they advance appraisal and development planning.

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Chevron (NYSE: CVX) will hold its 1Q 2026 earnings conference call and webcast on Friday, May 1, 2026 at 11:00 a.m. ET / 10:00 a.m. CT. Management participants include Mike Wirth (CEO), Eimear Bonner (CFO) and Jeanine Wai (Head of Investor Relations).

The call is listen-only at dial-in 800-918-2066 with conference ID 3173069; a live webcast and replay will be available at chevron.com under Investors.

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Chevron (NYSE:CVX) announced senior leadership changes effective May 1, 2026. Daniel Woodall, 49, is named Chief Health, Safety and Environment Officer to lead enterprise HSE strategy. Marissa Badenhorst, 50, is appointed director of the Pascagoula and Pasadena refineries and will oversee refinery operations and safety. Tim Potter will retire after 36 years of service.

The moves emphasize internal promotions and continuity across upstream and downstream operations while aligning HSE leadership with refinery oversight.

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Chevron (NYSE: CVX) and HELLENiQ ENERGY signed Lease Agreements with the Hellenic Republic to explore four offshore Greece blocks: South Crete 1, South Crete 2, South of Peloponnese and Block A2.

The consortium holds Chevron 70% (operator) and HELLENiQ ENERGY 30%, will conduct 2D/3D seismic in phase one, and awaits ratification by the Greek Parliament.

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Chevron (NYSE: CVX) was designated winning bidder for Contract Area 106 in Libya's 2025 Bid Round on February 11, 2026, following a January 24, 2026 Memorandum of Understanding with Libya's National Oil Corporation (NOC).

The award is subject to execution of a Production Sharing Agreement; Chevron said the block fits its North Africa and Eastern Mediterranean exploration strategy and noted its existing regional acreage and operations.

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FAQ

What is the current stock price of Chevron (CVX)?

Chevron (CVX) last closed at $215.

What is the market cap of Chevron (CVX)?

The market cap of Chevron (CVX) is approximately $421.7B.