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2026-10-23
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Related articleQuarter not tagged2026-10-23

Chevron (CVX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Zacks
Chevron (CVX) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This oil company is expected to post quarterly earnings of $4.78 per share in its upcoming report, which represents a year-over-year change of +158.4%. Revenues are expected to be $60.49 billion, up 21.6% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 29.44% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is signi…Read full document

Chevron (CVX) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This oil company is expected to post quarterly earnings of $4.78 per share in its upcoming report, which represents a year-over-year change of +158.4%. Revenues are expected to be $60.49 billion, up 21.6% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 29.44% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Chevron, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +2.69%. On the other hand, the stock currently carries a Zacks Rank of #1. So, this combination indicates that Chevron will most likely beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Chevron would post earnings of $5.8 per share when it actually produced earnings of $6.06, delivering a surprise of +4.48%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Chevron appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chevron Corporation (CVX) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Related articleQuarter not tagged2026-10-22

Expand Energy Gears Up for Q3 Earnings: What's in Store?

Zacks
Expand Energy Corporation EXE is set to release third-quarter 2026 results on Oct. 27. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a profit of $1.28 per share on revenues of $2.1 billion. Let's delve into the factors that might have influenced the exploration and production firm's performance in the September quarter. But it's worth taking a look at HAL's previous-quarter performance first. In the last reported quarter, this U.S.-based natural gas producer beat the consensus mark, reflecting strong production and lower operating expenses. Expand Energy reported adjusted earnings per share of $1.33, beating the Zacks Consensus Estimate by 9%. Revenues of $1.8 billion, however, missed the Zacks Consensus of $2 billion due to lower realized prices. EXE beat the Zacks Consensus Estimate in each of the last four quarters. This is depicted in the graph below: Expand Energy Corporation price-eps-surprise | Expand Energy Corporation Quote The Zacks Consensus Estimate for the third-quarter bottom line has been revised 3% downward over the past seven days. The estimated figure indicates a 32% improvement year over year. The Zacks Consensus Estimate for revenues suggests an 11.4% increase from the year-ago period. Expand Energy's substantial natural gas production capacity is likely to have supported its third-quarter performance. The Zacks Consensus Estimate for average daily natural gas production is pegged at 6,870 million cubic feet (MMcf), indicating approximately 2.2% growth from 6,721 MMcf in the year-ago quarter. Strong well productivity in Southwest Appalachia, alongside optimized completions in Haynesville, could have supported volumes. Expand Energy's ongoing efforts to improve drilling efficiency and lower development costs could have favorably influenced third-quarter earnings. During the second quarter, Southwest Appalachia achieved a record Marcellus drilling efficiency of 2,724 feet per day, approximately 33% above the third-quarter 2025 level. Development costs also declined around 14% from 2024 levels to roughly $730 per foot in 2026. Meanwhile, enhanced Haynesville completions demonstrated 5-10% improvements in six-month cumulative well production. The continuation of these efficiencies into the September quarter could have lowered unit development costs, supported margins and strengthened cash generation. On a somewhat b…Read full document

Expand Energy Corporation EXE is set to release third-quarter 2026 results on Oct. 27. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a profit of $1.28 per share on revenues of $2.1 billion. Let's delve into the factors that might have influenced the exploration and production firm's performance in the September quarter. But it's worth taking a look at HAL's previous-quarter performance first. In the last reported quarter, this U.S.-based natural gas producer beat the consensus mark, reflecting strong production and lower operating expenses. Expand Energy reported adjusted earnings per share of $1.33, beating the Zacks Consensus Estimate by 9%. Revenues of $1.8 billion, however, missed the Zacks Consensus of $2 billion due to lower realized prices. EXE beat the Zacks Consensus Estimate in each of the last four quarters. This is depicted in the graph below: Expand Energy Corporation price-eps-surprise | Expand Energy Corporation Quote The Zacks Consensus Estimate for the third-quarter bottom line has been revised 3% downward over the past seven days. The estimated figure indicates a 32% improvement year over year. The Zacks Consensus Estimate for revenues suggests an 11.4% increase from the year-ago period. Expand Energy's substantial natural gas production capacity is likely to have supported its third-quarter performance. The Zacks Consensus Estimate for average daily natural gas production is pegged at 6,870 million cubic feet (MMcf), indicating approximately 2.2% growth from 6,721 MMcf in the year-ago quarter. Strong well productivity in Southwest Appalachia, alongside optimized completions in Haynesville, could have supported volumes. Expand Energy's ongoing efforts to improve drilling efficiency and lower development costs could have favorably influenced third-quarter earnings. During the second quarter, Southwest Appalachia achieved a record Marcellus drilling efficiency of 2,724 feet per day, approximately 33% above the third-quarter 2025 level. Development costs also declined around 14% from 2024 levels to roughly $730 per foot in 2026. Meanwhile, enhanced Haynesville completions demonstrated 5-10% improvements in six-month cumulative well production. The continuation of these efficiencies into the September quarter could have lowered unit development costs, supported margins and strengthened cash generation. On a somewhat bearish note, weaker natural gas realizations could have pressured Expand Energy's third-quarter 2026 revenues and profitability, partly offsetting the benefits of sustained production. The Zacks Consensus Estimate for the average natural gas sales price is $2.56 per thousand cubic feet (Mcf), representing a roughly 8.9% decline from the year-ago quarter's reported $2.81 and a 3% decrease from the second-quarter 2026 consensus mark of $2.64. Given the company's significant exposure to natural gas production, weaker realized pricing could have reduced revenue per unit sold and compressed operating margins, although hedging and marketing activities might have provided some protection. The proven Zacks model does not conclusively predict an earnings beat for Expand Energy for the third quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of beating estimates. That's not the case here. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, for this company is -0.08%. Zacks Rank: EXE currently carries a Zacks Rank #3. While an earnings beat looks uncertain for Expand Energy, here are some energyfirms that you may want to consider on the basis of our model: PBF Energy PBF: It has an Earnings ESP of +0.34% and a Zacks Rank #1.PBF Energy is scheduled to release earnings on Oct. 29. You can see the complete list of today's Zacks #1 Rank stocks here. PBF Energy beat the Zacks Consensus Estimate for earnings in three of the last four quarters and missed in the other, with the average being 123.4%. Valued at more than $9.8 billion, it has surged 176.6% over the past year. TechnipFMC plc FTI: It has an Earnings ESP of +2.67% and a Zacks Rank #2.TechnipFMC is scheduled to release earnings on Oct. 29. For 2026, TechnipFMC has a projected earnings growth rate of 30.6%. Valued at around $27 billion, it has gained 86.7% in a year. Chevon CVX: It has an Earnings ESP of +2.69% and a Zacks Rank #1.Chevron is scheduled to release earnings on Oct. 30. Chevron beat the Zacks Consensus Estimate for earnings in each of the last four quarters, with the average being 18.7%. Valued at nearly $446 billion, it has gone up 45.8% in a year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Expand Energy Corporation (EXE) : Free Stock Analysis Report Chevron Corporation (CVX) : Free Stock Analysis Report TechnipFMC plc (FTI) : Free Stock Analysis Report PBF Energy Inc. (PBF) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Related articleQuarter not tagged2026-10-19

Earnings Estimates Moving Higher for Chevron (CVX): Time to Buy?

Zacks
Chevron (CVX) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this oil company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Chevron, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The earnings estimate of $4.74 per share for the current quarter represents a change of +156.2% from the number reported a year ago. Over the last 30 days, the Zacks Consensus Estimate for Chevron has increased 24.91% because one estimate has moved higher while four have gone lower. For the full year, the earnings estimate of $17.71 per share represents a change of +142.9% from the year-ago number. There has been an encouraging trend in estimate revisions for the current year as well. Over the past month, six estimates have moved up for Chevron versus one negative revision. This has pushed the consensus estimate 7.32% higher. The promising estimate revisions have helped Chevron earn a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. Investors have been betting on Chevron because of its solid estimate revisions, as evident from the stock's 7.4% gain over the past four weeks.…Read full document

Chevron (CVX) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this oil company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Chevron, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: The earnings estimate of $4.74 per share for the current quarter represents a change of +156.2% from the number reported a year ago. Over the last 30 days, the Zacks Consensus Estimate for Chevron has increased 24.91% because one estimate has moved higher while four have gone lower. For the full year, the earnings estimate of $17.71 per share represents a change of +142.9% from the year-ago number. There has been an encouraging trend in estimate revisions for the current year as well. Over the past month, six estimates have moved up for Chevron versus one negative revision. This has pushed the consensus estimate 7.32% higher. The promising estimate revisions have helped Chevron earn a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. Investors have been betting on Chevron because of its solid estimate revisions, as evident from the stock's 7.4% gain over the past four weeks. As its earnings growth prospects might push the stock higher, you may consider adding it to your portfolio right away. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chevron Corporation (CVX) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Related articleQuarter not tagged2026-10-16

EQT Raises Quarterly Dividend 3%, Reinforces Shareholder Returns

Zacks
EQT Corporation EQT has announced a 3% increase in its quarterly cash dividend to 17 cents per common share. The latest hike brings EQT's annualized dividend to 68 cents per share, reflecting its commitment to rewarding shareholders. The dividend is payable on Dec. 1, 2026, to shareholders of record as of Nov. 4, 2026. EQT's latest announcement follows earlier increases in shareholder distributions. The leading U.S. natural gas producer's quarterly dividend stood at 16.5 cents per share in the second quarter of 2026, up from 15.75 cents in the prior-year period. The increases demonstrate EQT's commitment to gradually enhancing shareholder payouts. EQT generated $330 million in free cash flow attributable to the company during the second quarter of 2026. Its net debt declined to $5.5 billion, strengthening financial flexibility and supporting future capital allocation priorities. EQT's low-cost operations, growing natural gas demand and expanding liquefied natural gas exposure offer opportunities to improve future cash generation. The company's integrated upstream and midstream operations, along with its focus on disciplined spending, further support sustainable shareholder distributions. EQT currently carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the energy sector that reward shareholders through regular dividends include Equinor ASA EQNR, Shell plc SHEL and Chevron Corporation CVX.  EQNR, SHEL and CVX currently sport a Zacks Rank #1 (Strong Buy) each. You can see the complete list of today's Zacks #1 Rank stocks here. While EQT recently increased its quarterly dividend to 17 cents per share, Equinor maintains a quarterly dividend of 39 cents per share. Similarly, Shell and Chevron have declared quarterly dividends of 39.06 cents per ordinary share and $1.78 per share, respectively. The business models of EQT, EQNR, SHEL and CVX depend on favorable commodity prices and operating efficiency to support cash generation and sustain shareholder distributions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EQT Corporation (EQT) : Free Stock Analysis Report Chevron Corporation (CVX) : Free Stock Analysis Report Equinor ASA (EQNR) : Free Stock Analysis Report Shell PLC Unsponsored ADR (SHEL) : Free Stock Analysis Report This article originally pu…Read full document

EQT Corporation EQT has announced a 3% increase in its quarterly cash dividend to 17 cents per common share. The latest hike brings EQT's annualized dividend to 68 cents per share, reflecting its commitment to rewarding shareholders. The dividend is payable on Dec. 1, 2026, to shareholders of record as of Nov. 4, 2026. EQT's latest announcement follows earlier increases in shareholder distributions. The leading U.S. natural gas producer's quarterly dividend stood at 16.5 cents per share in the second quarter of 2026, up from 15.75 cents in the prior-year period. The increases demonstrate EQT's commitment to gradually enhancing shareholder payouts. EQT generated $330 million in free cash flow attributable to the company during the second quarter of 2026. Its net debt declined to $5.5 billion, strengthening financial flexibility and supporting future capital allocation priorities. EQT's low-cost operations, growing natural gas demand and expanding liquefied natural gas exposure offer opportunities to improve future cash generation. The company's integrated upstream and midstream operations, along with its focus on disciplined spending, further support sustainable shareholder distributions. EQT currently carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the energy sector that reward shareholders through regular dividends include Equinor ASA EQNR, Shell plc SHEL and Chevron Corporation CVX.  EQNR, SHEL and CVX currently sport a Zacks Rank #1 (Strong Buy) each. You can see the complete list of today's Zacks #1 Rank stocks here. While EQT recently increased its quarterly dividend to 17 cents per share, Equinor maintains a quarterly dividend of 39 cents per share. Similarly, Shell and Chevron have declared quarterly dividends of 39.06 cents per ordinary share and $1.78 per share, respectively. The business models of EQT, EQNR, SHEL and CVX depend on favorable commodity prices and operating efficiency to support cash generation and sustain shareholder distributions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EQT Corporation (EQT) : Free Stock Analysis Report Chevron Corporation (CVX) : Free Stock Analysis Report Equinor ASA (EQNR) : Free Stock Analysis Report Shell PLC Unsponsored ADR (SHEL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Related articleQuarter not tagged2026-10-16

ExxonMobil Stock Is on Pace for a Record High. Preliminary Earnings Are Both Good and Bad.

Barrons.com

ExxonMobil stock rises after the energy giant says higher refining margins added $4.5 billion to its third-quarter earnings even as changes in oil prices take a toll on its upstream segment.

Related articleQuarter not tagged2026-10-15

Here's What to Expect From Chevron’s Next Earnings Report

Barchart
Houston, Texas-based Chevron Corporation (CVX) engages in integrated energy and chemicals operations in the United States and internationally. The company has a market cap of $379.3 billion and operates through Upstream, Downstream, and All Other segments. CVX is expected to release its Q3 2026 earnings on Friday, Oct. 30, before the market opens. Ahead of the event, analysts expect the company's EPS to be $4.62 on a diluted basis, up 149.7% from $1.85 in the year-ago quarter. The company has exceeded Wall Street's EPS estimates in each of its last four quarters. - Dear Intel Fans, Mark Your Calendars for October 29 - Bill Gates Says Despite Elon Musk Being Mean to Him, He's Still 'In Awe' of His Work — 'He's Brilliant, He's Rich, He's Influential' - At 97, Charlie Munger Borrowed $37 Million to Go All-In on Alibaba — 2 Years Later He Called It One of the 'Worst Mistakes' of His Life - Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2026, analysts project the company's EPS to be $17.53, up 140.5% from $7.29 in fiscal 2025. CVX stock has surged 45.7% over the past 52 weeks, outperforming the S&P 500 Index's ($SPX) 16.2% rise, but lagging behind the State Street Energy Select Sector SPDR ETF's (XLE) 56.6% return during the same time frame. Chevron's robust momentum is supported by its strong market position, consistent long-term revenue growth, and solid free cash flow generation. The energy giant has delivered annual revenue growth of 6.3% over the past decade, reaching $215.3 billion. Its scale provides operating leverage as sales increase, while healthy cash flow gives it the flexibility to reinvest in its business and strengthen its competitive position. On Oct. 8, Chevron shares jumped 3.4% as a Gulf tanker attack disrupted traffic through the Strait of Hormuz and hurricane-related production halts curtailed Gulf of Mexico output. The resulting supply squeeze pushed Brent crude above $104 per barrel and WTI to $92, boosting expectations for higher oil prices and improved profitability for major energy producers. Analysts are moderately bullish on CVX, with the stock having a "Strong Buy" rating overall. Among the 26 analysts covering the stock, 18 recommend a "Strong Buy," three suggest a "Moderate Buy," four suggest a "Hold," and one analyst…Read full document

Houston, Texas-based Chevron Corporation (CVX) engages in integrated energy and chemicals operations in the United States and internationally. The company has a market cap of $379.3 billion and operates through Upstream, Downstream, and All Other segments. CVX is expected to release its Q3 2026 earnings on Friday, Oct. 30, before the market opens. Ahead of the event, analysts expect the company's EPS to be $4.62 on a diluted basis, up 149.7% from $1.85 in the year-ago quarter. The company has exceeded Wall Street's EPS estimates in each of its last four quarters. - Dear Intel Fans, Mark Your Calendars for October 29 - Bill Gates Says Despite Elon Musk Being Mean to Him, He's Still 'In Awe' of His Work — 'He's Brilliant, He's Rich, He's Influential' - At 97, Charlie Munger Borrowed $37 Million to Go All-In on Alibaba — 2 Years Later He Called It One of the 'Worst Mistakes' of His Life - Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2026, analysts project the company's EPS to be $17.53, up 140.5% from $7.29 in fiscal 2025. CVX stock has surged 45.7% over the past 52 weeks, outperforming the S&P 500 Index's ($SPX) 16.2% rise, but lagging behind the State Street Energy Select Sector SPDR ETF's (XLE) 56.6% return during the same time frame. Chevron's robust momentum is supported by its strong market position, consistent long-term revenue growth, and solid free cash flow generation. The energy giant has delivered annual revenue growth of 6.3% over the past decade, reaching $215.3 billion. Its scale provides operating leverage as sales increase, while healthy cash flow gives it the flexibility to reinvest in its business and strengthen its competitive position. On Oct. 8, Chevron shares jumped 3.4% as a Gulf tanker attack disrupted traffic through the Strait of Hormuz and hurricane-related production halts curtailed Gulf of Mexico output. The resulting supply squeeze pushed Brent crude above $104 per barrel and WTI to $92, boosting expectations for higher oil prices and improved profitability for major energy producers. Analysts are moderately bullish on CVX, with the stock having a "Strong Buy" rating overall. Among the 26 analysts covering the stock, 18 recommend a "Strong Buy," three suggest a "Moderate Buy," four suggest a "Hold," and one analyst advises a "Strong Sell." CVX's average analyst price target is $226.26, indicating an upside of 1.9% from the current levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com

Related articleQuarter not tagged2026-10-15

Halliburton Q3 Earnings Preview: Here's What You Should Know

Zacks
Halliburton Company HAL is set to release third-quarter 2026 results on Oct. 20. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a profit of 58 cents per share on revenues of $5.6 billion. Let's delve into the factors that might have influenced the oilfield service firm's performance in the September quarter. But it's worth taking a look at HAL's previous-quarter performance first. In the last reported quarter, this Houston, TX-based provider of technical products and services to drillers of oil and gas wells beat the consensus mark, reflecting strong international operations. Halliburton reported adjusted net income per share of 55 cents, outperforming the Zacks Consensus Estimate by a penny. Revenues of $5.7 billion beat the Zacks Consensus of $5.5 billion. HAL beat the Zacks Consensus Estimate in each of the last four quarters. This is depicted in the graph below: Halliburton Company price-eps-surprise | Halliburton Company Quote The Zacks Consensus Estimate for the third-quarter bottom line has remained unchanged over the past seven days. The estimated figure indicates no change year over year. The Zacks Consensus Estimate for revenues, meanwhile, suggests a marginal 0.1% decrease from the year-ago period. Halliburton's Drilling and Evaluation segment likely benefited from a favorable business mix and increased software sales during the third quarter of 2026. Management anticipated a sequential margin improvement of 25-75 basis points, supported by a seasonal recovery in higher-margin software revenues. Growing adoption of LOGIX drilling automation and the integration of Sekal technology may have strengthened service efficiency and customer demand. Additionally, more than 30 rig additions in North America likely supported drilling activity. However, management projected a 3-5% sequential revenue decline, reflecting reduced drilling fluids and testing activity across certain markets. Halliburton's Completion and Production segment likely gained from improving hydraulic fracturing demand, better pricing and higher equipment utilization across North America during the third quarter. Management expected segment operating margins to increase 125-175 basis points sequentially, supported by stronger land fracturing profitability, artificial lift activity and recovering completion-tool deliveries in the Gulf of America. Limited availabil…Read full document

Halliburton Company HAL is set to release third-quarter 2026 results on Oct. 20. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a profit of 58 cents per share on revenues of $5.6 billion. Let's delve into the factors that might have influenced the oilfield service firm's performance in the September quarter. But it's worth taking a look at HAL's previous-quarter performance first. In the last reported quarter, this Houston, TX-based provider of technical products and services to drillers of oil and gas wells beat the consensus mark, reflecting strong international operations. Halliburton reported adjusted net income per share of 55 cents, outperforming the Zacks Consensus Estimate by a penny. Revenues of $5.7 billion beat the Zacks Consensus of $5.5 billion. HAL beat the Zacks Consensus Estimate in each of the last four quarters. This is depicted in the graph below: Halliburton Company price-eps-surprise | Halliburton Company Quote The Zacks Consensus Estimate for the third-quarter bottom line has remained unchanged over the past seven days. The estimated figure indicates no change year over year. The Zacks Consensus Estimate for revenues, meanwhile, suggests a marginal 0.1% decrease from the year-ago period. Halliburton's Drilling and Evaluation segment likely benefited from a favorable business mix and increased software sales during the third quarter of 2026. Management anticipated a sequential margin improvement of 25-75 basis points, supported by a seasonal recovery in higher-margin software revenues. Growing adoption of LOGIX drilling automation and the integration of Sekal technology may have strengthened service efficiency and customer demand. Additionally, more than 30 rig additions in North America likely supported drilling activity. However, management projected a 3-5% sequential revenue decline, reflecting reduced drilling fluids and testing activity across certain markets. Halliburton's Completion and Production segment likely gained from improving hydraulic fracturing demand, better pricing and higher equipment utilization across North America during the third quarter. Management expected segment operating margins to increase 125-175 basis points sequentially, supported by stronger land fracturing profitability, artificial lift activity and recovering completion-tool deliveries in the Gulf of America. Limited availability of electric fracturing equipment may have strengthened pricing power. According to the Zacks Consensus Estimate, the company's third-quarter Completion and Production operating income will be $516 million, slightly higher than the year-ago period. On a somewhat bearish note, Halliburton's third-quarter earnings may have faced pressure from continued geopolitical uncertainty in the Middle East, which disrupted oilfield operations and delayed activity normalization. Management indicated that regional operations remained below pre-conflict levels, particularly offshore, while customers continued evaluating project restarts amid security concerns. Additionally, equipment mobilization expenses associated with international contract wins may have weighed on profitability. The company's third-quarter outlook assumed broadly stable Middle East activity without a full recovery. Higher expected interest expenses of approximately $5 million and SAP migration costs of about $45 million may have constrained earnings even further. The proven Zacks model does not conclusively predict an earnings beat for Halliburton for the third quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of beating estimates. But that's not the case here. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, for this company is -0.38%. Zacks Rank: HAL currently carries a Zacks Rank #3. While an earnings beat looks uncertain for Halliburton, here are some energy firms that you may want to consider on the basis of our model: Core Laboratories CLB: It has an Earnings ESP of +3.03% and a Zacks Rank #3.Core Laboratories is scheduled to release earnings on Oct. 28. Core Laboratories beat the Zacks Consensus Estimate for earnings in three of the last four quarters and met in the other, with the average being 14.6%. Valued at more than $465 million, it has lost 17.6% over the past year. TechnipFMC plc FTI: It has an Earnings ESP of +2.67% and a Zacks Rank #1.TechnipFMC is scheduled to release earnings on Oct. 29. You can see the complete list of today's Zacks #1 Rank stocks here. For 2026, TechnipFMC has a projected earnings growth rate of 30.6%. Valued at around $27.7 billion, it has gained 95.4% in a year. Chevon CVX: It has an Earnings ESP of +4.51% and a Zacks Rank #1.Chevron is scheduled to release earnings on Oct. 30. Chevron beat the Zacks Consensus Estimate for earnings in each of the last four quarters, with the average being 18.7%. Valued at around $430.2 billion, it has gone up 46% in a year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Halliburton Company (HAL) : Free Stock Analysis Report Chevron Corporation (CVX) : Free Stock Analysis Report Core Laboratories Inc. (CLB) : Free Stock Analysis Report TechnipFMC plc (FTI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Related articleQuarter not tagged2026-10-13

Chevron (CVX) Is Cleaning House Before the Earnings Peak Fades

Insider Monkey
Earlier this month, Chevron (NYSE:CVX) agreed to take a one-time loss of roughly $3 billion to $4 billion. That sounds like an odd move for a company coming off a blowout quarter. Then again, the timing may be the whole point. Chevron is one of the world's largest integrated oil companies. It pumps crude and natural gas (the upstream business), then refines it into gasoline and diesel sold at stations many drivers pass every day. When oil and fuel prices jump, both halves can cash in at once. That's what happened in the second quarter. For investors evaluating top sector opportunities among the 10 Most Promising Energy Stocks to Buy Now, the harder question is what Chevron looks like once that windfall cools, and the answer depends less on oil prices than on how much of the company's progress it actually controls. The headline numbers were staggering. Adjusted earnings per share hit $6.06 in fiscal Q2 2026, up from $1.41 in Q1 and $1.77 a year earlier. Free cash flow reached $18.1 billion, and Chevron used it to cut total debt by a record $8.4 billion in a single quarter. Price wasn't the only driver, though. Production climbed to 4,070 thousand barrels of oil equivalent per day, up 20% from a year earlier, largely thanks to the former Hess assets and growth in the Permian Basin and the Gulf of America. US refineries ran a record 1.07 million barrels per day at utilization above 97%. That operational muscle is Chevron's real edge. Scale spreads costs across a huge production base, and owning refineries cushions the blow when crude prices and fuel margins move in different directions. The more telling evidence is what Chevron is fixing on its own. It has reached $3 billion in annual run-rate structural cost cuts since 2024, within a program targeting $3 billion to $4 billion by the end of 2026. Hess-related synergies hit $1.5 billion a year, 50% above the original goal. The Hess Midstream deal fits that pattern. Chevron will hand its stake and general partner position to Hess Midstream for $200 million in cash plus restructured contracts, and it expects Bakken unit midstream costs to fall by about 50%. The loss exists because those future savings can't be booked as an asset, and Chevron plans to treat it as a special item. The deal also moves roughly $3.7 billion of Hess Midstream debt off its books. Chevron is planting seeds for later, too. A 20-year deal to…Read full document

Earlier this month, Chevron (NYSE:CVX) agreed to take a one-time loss of roughly $3 billion to $4 billion. That sounds like an odd move for a company coming off a blowout quarter. Then again, the timing may be the whole point. Chevron is one of the world's largest integrated oil companies. It pumps crude and natural gas (the upstream business), then refines it into gasoline and diesel sold at stations many drivers pass every day. When oil and fuel prices jump, both halves can cash in at once. That's what happened in the second quarter. For investors evaluating top sector opportunities among the 10 Most Promising Energy Stocks to Buy Now, the harder question is what Chevron looks like once that windfall cools, and the answer depends less on oil prices than on how much of the company's progress it actually controls. The headline numbers were staggering. Adjusted earnings per share hit $6.06 in fiscal Q2 2026, up from $1.41 in Q1 and $1.77 a year earlier. Free cash flow reached $18.1 billion, and Chevron used it to cut total debt by a record $8.4 billion in a single quarter. Price wasn't the only driver, though. Production climbed to 4,070 thousand barrels of oil equivalent per day, up 20% from a year earlier, largely thanks to the former Hess assets and growth in the Permian Basin and the Gulf of America. US refineries ran a record 1.07 million barrels per day at utilization above 97%. That operational muscle is Chevron's real edge. Scale spreads costs across a huge production base, and owning refineries cushions the blow when crude prices and fuel margins move in different directions. The more telling evidence is what Chevron is fixing on its own. It has reached $3 billion in annual run-rate structural cost cuts since 2024, within a program targeting $3 billion to $4 billion by the end of 2026. Hess-related synergies hit $1.5 billion a year, 50% above the original goal. The Hess Midstream deal fits that pattern. Chevron will hand its stake and general partner position to Hess Midstream for $200 million in cash plus restructured contracts, and it expects Bakken unit midstream costs to fall by about 50%. The loss exists because those future savings can't be booked as an asset, and Chevron plans to treat it as a special item. The deal also moves roughly $3.7 billion of Hess Midstream debt off its books. Chevron is planting seeds for later, too. A 20-year deal to supply Microsoft with about 2.67 gigawatts of power for a West Texas data center puts it among the energy companies chasing AI power demand. To read more, see our 10 Best AI Energy Stocks to Buy in 2026. Here's the catch. Earnings per share are expected to fall 13.47% in 2027, which suggests the market treats the recent quarter as closer to a peak than a new baseline. The first half of the year shows how fast things swing. Chevron's international downstream business lost $1,013 million in Q1, then earned $2,457 million in Q2. Free cash flow went from negative $1.5 billion to positive $18.1 billion in three months. A business that moves that much with commodity prices can't promise smooth growth; a cycle rival Occidental Petroleum can't escape either. Self-help softens that blow, but it can't offset a sharp oil slide alone. At 12.35 times forward earnings, as of October 9, Chevron trades almost exactly in line with the sector's 12.30 and below its own five-year average of 13.86. On the surface, that looks like a mild discount. The asterisk is the earnings path. A forward multiple can make a stock look cheaper than it is when profits are expected to shrink 13.47% the following year. So the gap to the five-year average is a weaker bargain signal than it first appears. What tips the scale back is the balance sheet. A net debt ratio of 13.1% after the record paydown gives Chevron room to keep funding its $1.78 quarterly dividend and buybacks through a softer stretch. In Q2 alone, it paid $3,504 million in dividends and repurchased $3,117 million of stock, which keeps it in the conversation alongside elite income compounders featured among the Top 11 Dividend Kings to Buy for Safe Dividend Growth. Hedge funds trimmed their exposure slightly, with 101 funds holding the stock in the most recent quarter, down from 103 in the prior one. Short interest sits at 1.06% of the float, a sign of relatively limited bearish positioning. Chevron's valuation doesn't look stretched, but it isn't a deep bargain once the expected earnings dip is factored in. What separates it from a pure oil-price bet is the self-help: lower costs, less debt, and a cheaper Bakken operation, all of which should hold even if prices cool. That makes the setup a better fit for patient, income-focused investors than for anyone counting on another quarter like the last one. If the cost program stalls, or debt starts creeping back up as earnings fall, the case gets much weaker. While we acknowledge the potential of CVX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: This 6.3% Dividend Yield Looks Too Good to Ignore. Is the Stock a Buy? and 10 Best 52-Week Low Technology Stocks to Buy According to Analysts.Disclosure: None. Follow Insider Monkey on Google News.

Related articleQuarter not tagged2026-10-12

Stock Market Today: S&P 500 Futures Pause Near Record Highs as Oil Rises Ahead of Bank Earnings

24/7 Wall St.
- Exxon Mobil (XOM) and Chevron (CVX) each rise ~1% premarket, both up ~45% this year as Brent crude tops $106 on Iran war disruptions. - Energy Transfer (ET) bought Vaquero Midstream, expanding its natural gas pipeline network feeding AI data centers as demand surges. - Four major banks report Tuesday as September added only 29,000 jobs, making loan loss reserves the number to watch. - Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and NVIDIA didn't make the cut. Enter your email to see the names that beat NVDA. The report is free. Enter your email and see if any of your stocks made the cut. S&P 500 futures are basically flat before the open. The index's futures sit near 7,817, up 0.1%, after a record-setting week. Oil is the main mover this morning. Brent crude is trading near $106 a barrel because the war with Iran is still disrupting global energy supplies, and that is raising oil stocks before the bell. Investors are holding the S&P 500 steady ahead of Tuesday, when bank earnings season begins. Index | Latest Verified Move | Reading S&P 500 | +0.6% | Friday close Nasdaq Composite | +0.6% | Friday close Dow Jones Industrial Average | +423 points (+0.8%) | Friday close Russell 2000 | +0.5% | Friday close VIX | 15 | Thursday close, latest verified Brent settled Friday at $105, and it keeps rising. In May, the EIA expected Brent to average $89 in the fourth quarter. Prices are still well above that forecast, so producers are making more per barrel than planners expected. Exxon Mobil (NYSE:XOM) is up 1.2% in premarket trading. Chevron (NYSE:CVX) is up about the same, and both stocks have gained close to 45% this year. In midstream, Energy Transfer (NYSE:ET) agreed last week to buy Vaquero Midstream. The deal adds to a pipeline network that already carries natural gas to power plants serving AI data centers. ------ Free Report, Just Released Why Didn't NVDA Make The Top 10 List? 24/7 Wall St has helped investors make money for over two decades, and our top analysts just finished ranking the definitive Top 10 Stocks To Buy Now. Not the ten biggest companies. Not the ten everyone is arguing about. The ten best stocks to buy right now. And NVDA didn't make the cut! The report is free, and you can see why we think each stock is a top investment today. Enter Your Email and See the Ten → ------ On Friday t…Read full document

- Exxon Mobil (XOM) and Chevron (CVX) each rise ~1% premarket, both up ~45% this year as Brent crude tops $106 on Iran war disruptions. - Energy Transfer (ET) bought Vaquero Midstream, expanding its natural gas pipeline network feeding AI data centers as demand surges. - Four major banks report Tuesday as September added only 29,000 jobs, making loan loss reserves the number to watch. - Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and NVIDIA didn't make the cut. Enter your email to see the names that beat NVDA. The report is free. Enter your email and see if any of your stocks made the cut. S&P 500 futures are basically flat before the open. The index's futures sit near 7,817, up 0.1%, after a record-setting week. Oil is the main mover this morning. Brent crude is trading near $106 a barrel because the war with Iran is still disrupting global energy supplies, and that is raising oil stocks before the bell. Investors are holding the S&P 500 steady ahead of Tuesday, when bank earnings season begins. Index | Latest Verified Move | Reading S&P 500 | +0.6% | Friday close Nasdaq Composite | +0.6% | Friday close Dow Jones Industrial Average | +423 points (+0.8%) | Friday close Russell 2000 | +0.5% | Friday close VIX | 15 | Thursday close, latest verified Brent settled Friday at $105, and it keeps rising. In May, the EIA expected Brent to average $89 in the fourth quarter. Prices are still well above that forecast, so producers are making more per barrel than planners expected. Exxon Mobil (NYSE:XOM) is up 1.2% in premarket trading. Chevron (NYSE:CVX) is up about the same, and both stocks have gained close to 45% this year. In midstream, Energy Transfer (NYSE:ET) agreed last week to buy Vaquero Midstream. The deal adds to a pipeline network that already carries natural gas to power plants serving AI data centers. ------ Free Report, Just Released Why Didn't NVDA Make The Top 10 List? 24/7 Wall St has helped investors make money for over two decades, and our top analysts just finished ranking the definitive Top 10 Stocks To Buy Now. Not the ten biggest companies. Not the ten everyone is arguing about. The ten best stocks to buy right now. And NVDA didn't make the cut! The report is free, and you can see why we think each stock is a top investment today. Enter Your Email and See the Ten → ------ On Friday the 10-year Treasury yield rose to 5.2%. It recently reached its highest level since 2002. The Fed also raised its target rate in September, which sets the upper bound at 4%. Higher rates make future profits worth less today, and fast-growing tech stocks feel that the most. NVIDIA (NASDAQ:NVDA) is down 0.4% before the open. That small dip matters because NVIDIA makes up 8% of the SPDR S&P 500 ETF (NYSEARCA:SPY), which is barely moving near $779. The flat index hides money moving underneath it. Energy is gaining while the largest tech holding falls, so the two cancel out in the headline number. Owning an S&P 500 index fund means most of your results still depend on a handful of AI giants, and increasingly on the power, cooling, and pipeline companies feeding them (we highlighted seven of those suppliers in a free AI infrastructure report). Oil exposure is cushioning those holdings right now, but it can't fully replace them. The VIX, Wall Street's fear gauge, is around 15, which counts as a normal reading. Options traders are calm even though bond yields are at multi-decade highs and oil is above $100. Four of the largest U.S. banks report before the open on October 13, along with two major health care companies. Watch the money banks set aside for bad loans. The economy added only 29,000 jobs in September, so rising reserves would show the hiring slowdown is starting to hit borrowers. If you have cash sitting in your account right now, give this two minutes. After more than two decades of helping investors beat the market, our top analysts at 24/7 Wall St. put together a definitive report on the Top 10 Stocks To Buy Today. And NVDA wasn't one of them. They combed the entire market. It's not 10 ideas, not 10 stocks everyone is talking about, it's what their research points to as the 10 best stocks to buy right now, and it's free. Read more here and see which stocks made the list -->> Contact [email protected] for any questions or corrections.

Related articleQuarter not tagged2026-10-01

Will Chevron (CVX) Beat Estimates Again in Its Next Earnings Report?

Zacks
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Chevron (CVX), which belongs to the Zacks Oil and Gas - Integrated - International industry, could be a great candidate to consider. This oil company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 28.87%. For the last reported quarter, Chevron came out with earnings of $6.06 per share versus the Zacks Consensus Estimate of $5.8 per share, representing a surprise of 4.48%. For the previous quarter, the company was expected to post earnings of $0.92 per share and it actually produced earnings of $1.41 per share, delivering a surprise of 53.26%. For Chevron, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Chevron currently has an Earnings ESP of +4.60%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #2 (Buy) indicates that another beat is possibly around the corner. With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss. Many companies end up beating the consensus EPS estimate, though this is n…Read full document

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Chevron (CVX), which belongs to the Zacks Oil and Gas - Integrated - International industry, could be a great candidate to consider. This oil company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 28.87%. For the last reported quarter, Chevron came out with earnings of $6.06 per share versus the Zacks Consensus Estimate of $5.8 per share, representing a surprise of 4.48%. For the previous quarter, the company was expected to post earnings of $0.92 per share and it actually produced earnings of $1.41 per share, delivering a surprise of 53.26%. For Chevron, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Chevron currently has an Earnings ESP of +4.60%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #2 (Buy) indicates that another beat is possibly around the corner. With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss. Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate. Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chevron Corporation (CVX) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Related articleQuarter not tagged2026-10-01

Advisory: Chevron Corporation’s 3Q 2026 Earnings Conference Call and Webcast

Business Wire

HOUSTON, October 01, 2026--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX), one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, October 30, 2026 at 11:00 a.m. ET (10:00 a.m. CT). Conference Call Information: Date: Friday, October 30, 2026 Time: 11:00 a.m. ET / 10:00 a.m. CT Dial-in # (Listen-only mode): 800-918-2066 Conference ID #: 1563020 Speakers: Mike Wirth – Chairman of the Board & Chief Executive Officer Mark Nelson – Vice Chairman Eimear Bonner – Chief Financial Officer Jeanine Wai – Head of Investor Relations To access the live webcast, visit www.chevron.com. The meeting replay will also be available on the company website under the "Investors" section. Chevron is one of the world's leading integrated energy companies. We believe affordable, reliable, and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We aim to grow our oil and gas business, lower the carbon intensity of operations, and grow new energies businesses. More information about Chevron is available at www.chevron.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20261001514491/en/ Contacts Media Contact: James Craig +1 (832) 794-1630

Related articleQuarter not tagged2026-09-09

ExxonMobil Is Up 40% in 2026: Can Rising Oil Prices and Strong Earnings Boost XOM Stock to $200?

24/7 Wall St.
ExxonMobil (XOM) is up 40% in 2026 to $164.83, powered by Brent crude surging from the low $60s to $96, delivering $14.5B in Q2 earnings. Chevron (CVX) and the XLE ETF outpaced XOM with gains of 44% and 48% respectively, leaving the biggest U.S. major trailing its own sector. Reaching $200 is possible but depends on crude holding near $96, while the EIA projects Brent falling to $79 by 2027. Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and Exxon Mobil didn't make the cut. Enter your email to see the names that beat XOM. The report is free. Enter your email and see if any of your stocks made the cut. ExxonMobil (NYSE:XOM) stock is climbing Wednesday afternoon, extending a strong year for U.S. oil majors. ExxonMobil shares are up 3% in the current session to $164.83, carrying a 40% year-to-date gain. WTI crude oil has done much of the heavy lifting, and today it's up 3.29% over the past 24 hours to $96.09 per barrel. The question posed in the title is whether that momentum carries ExxonMobil stock to $200. That path exists, but it runs through crude prices rather than anything ExxonMobil directly controls. The rise of the WTI crude oil price reflects Middle East supply disruptions and tight product markets, and has a direct impact on energy majors' financials. BP (NYSE:BP) reported a Q2 refining indicator margin of $29.6 per barrel versus $11.9 a year ago, a spread that flowed into downstream results across the group. Free Report, Just Released Why Didn't XOM Make The Top 10 List? 24/7 Wall St has helped investors make money for over two decades, and our top analysts just finished ranking the definitive Top 10 Stocks To Buy Now. Not the ten biggest companies. Not the ten everyone is arguing about. The ten best stocks to buy right now. And XOM didn't make the cut! The report is free, and you can see why we think each stock is a top investment today. Enter Your Email and See the Ten → ExxonMobil's Q2 2026 results delivered $14.5 billion in earnings, more than $17 billion of free cash flow, and a more than $7 billion reduction in net debt. Guyana production ran at roughly 900,000 barrels per day, and Permian output hit a record 1.8 million oil-equivalent barrels per day. The company's cumulative structural cost savings reached $16.3 billion since 2019, part of a $20 billion target by 2030. Chevron (NYS…Read full document

ExxonMobil (XOM) is up 40% in 2026 to $164.83, powered by Brent crude surging from the low $60s to $96, delivering $14.5B in Q2 earnings. Chevron (CVX) and the XLE ETF outpaced XOM with gains of 44% and 48% respectively, leaving the biggest U.S. major trailing its own sector. Reaching $200 is possible but depends on crude holding near $96, while the EIA projects Brent falling to $79 by 2027. Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and Exxon Mobil didn't make the cut. Enter your email to see the names that beat XOM. The report is free. Enter your email and see if any of your stocks made the cut. ExxonMobil (NYSE:XOM) stock is climbing Wednesday afternoon, extending a strong year for U.S. oil majors. ExxonMobil shares are up 3% in the current session to $164.83, carrying a 40% year-to-date gain. WTI crude oil has done much of the heavy lifting, and today it's up 3.29% over the past 24 hours to $96.09 per barrel. The question posed in the title is whether that momentum carries ExxonMobil stock to $200. That path exists, but it runs through crude prices rather than anything ExxonMobil directly controls. The rise of the WTI crude oil price reflects Middle East supply disruptions and tight product markets, and has a direct impact on energy majors' financials. BP (NYSE:BP) reported a Q2 refining indicator margin of $29.6 per barrel versus $11.9 a year ago, a spread that flowed into downstream results across the group. Free Report, Just Released Why Didn't XOM Make The Top 10 List? 24/7 Wall St has helped investors make money for over two decades, and our top analysts just finished ranking the definitive Top 10 Stocks To Buy Now. Not the ten biggest companies. Not the ten everyone is arguing about. The ten best stocks to buy right now. And XOM didn't make the cut! The report is free, and you can see why we think each stock is a top investment today. Enter Your Email and See the Ten → ExxonMobil's Q2 2026 results delivered $14.5 billion in earnings, more than $17 billion of free cash flow, and a more than $7 billion reduction in net debt. Guyana production ran at roughly 900,000 barrels per day, and Permian output hit a record 1.8 million oil-equivalent barrels per day. The company's cumulative structural cost savings reached $16.3 billion since 2019, part of a $20 billion target by 2030. Chevron (NYSE:CVX) stock has gained 44% year to date, outpacing ExxonMobil. Meanwhile, the Energy Select Sector SPDR ETF (NYSEARCA:XLE) has advanced 48% year to date to $65.39. ExxonMobil is the XLE ETF's largest position at 22.7% of net assets, so the rest of the energy complex has run harder than the biggest U.S. major. The European ADRs land lower on the leaderboard. Shell (NYSE:SHEL) stock has climbed 33% year to date. Additionally, BP stock has risen 35% year to date, leaving ExxonMobil ahead of both and confirming that the ranking depends entirely on the comparison chosen. Getting ExxonMobil stock to $200 likely requires WTI crude oil to hold near its current levels and refining spreads to stay wide. With the oil price already up in recent sessions, the fade risk shouldn't be overlooked. ExxonMobil's own contribution is real but incremental. Guyana is transitioning from investment recovery to free cash flow, with management guiding to twice the 2025 level by 2030. A 2026 buyback plan of $20 billion, with $4.9 billion already completed in Q1, provides a per-share tailwind even if crude softens. The next WTI crude oil price move and any change in Middle East shipping conditions could matter just as much as the next ExxonMobil filing. Investors may want to keep an eye on whether the oil price holds above the mid-$90s into the fourth quarter, with refining cracks likely to stay wide as European capacity remains constrained. The $200 level implied by the title is achievable, but it depends on macro conditions rather than company execution. Position sizing in ExxonMobil stock should reflect that this is a commodity-price story wrapped around a well-run operator, and their exposure should scale accordingly. If you have cash sitting in your account right now, give this two minutes. After more than two decades of helping investors beat the market, our top analysts at 24/7 Wall St. put together a definitive report on the Top 10 Stocks To Buy Today. And XOM wasn't one of them. They combed the entire market. It's not 10 ideas, not 10 stocks everyone is talking about, it's what their research points to as the 10 best stocks to buy right now, and it's free. Read more here and >;elm:context_link;itc:0;sec:content-canvas" data-yga="{"yLinkElement":"context_link","yModuleName":"content-canvas","yLinkText":"see which stocks made the list -->"}" class="link ">see which stocks made the list -->> Contact [email protected] for any questions or corrections.

As of 2026-10-24 • Updated weeklySource: Earnings sourceIngestion runbook