CVX

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 an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 29.41%. For the last reported quarter, Chevron came out with earnings of $1.41 per share versus the Zacks Consensus Estimate of $0.92 per share, representing a surprise of 53.26%. For the previous quarter, the company was expected to post earnings of $1.44 per share and it actually produced earnings of $1.52 per share, delivering a surprise of 5.56%. Thanks in part to this history, there has been a favorable change in earnings estimates for Chevron lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly 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 +0.86%, 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 #3 (Hold) indicates that another beat is possibly around the corner. We expect the company's next earnings report to be released on July 31, 2026. Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce th...

HOUSTON, July 13, 2026--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) ("Hess Midstream") announced today that it will hold a conference call on Monday, August 3, 2026, at 10:00 a.m. Eastern Time to discuss its second quarter 2026 earnings release. To phone into the conference call, participants should register in advance using this link to receive a unique PIN and dial-in number. This conference call and subsequent replay will also be accessible by webcast (audio only) on Hess Midstream’s website at www.hessmidstream.com. About Hess Midstream Hess Midstream is a fee-based, growth-oriented, midstream company that owns, operates, develops and acquires a diverse set of midstream assets to provide services to Chevron, its subsidiaries and third-party customers. Hess Midstream owns oil, gas and produced water handling assets that are primarily located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota. More information is available at www.hessmidstream.com. As used in this news release, the term "Chevron" may refer to Chevron Corporation, one or more of its consolidated subsidiaries, or to all of them taken as a whole. All of these terms are used for convenience only and are not intended as a precise description of any of the separate companies, each of which manages its own affairs. Forward Looking Statements This press release contains "forward-looking statements." Words such as "anticipate," "estimate," "expect," "forecast," "guidance," "drive," "could," "may," "should," "would," "enable," "believe," "intend," "focus," "potential," "project," "plan," "trend," "predict," "will," "target," "opportunity" and similar expressions, and variations or negatives of these words, are intended to identify forward-looking statements, but not all forward-looking statements include such words. Forward-looking statements are subject to numerous risks, uncertainties and other factors that could cause actual results to differ materially from those in our forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the filings made by Hess Midstream with the U.S. Securities and Exchange Commission. Caution should be taken not to place undue reliance on any such forward-looking statements since such statements speak only as of the date of this press r...

Texas Pacific Land recently reported stronger-than-expected first-quarter 2026 results and announced an agreement with Chevron to provide land and brackish water for a power generation facility in Reeves County, Texas. This combination of robust operating performance and a new long-term infrastructure partnership highlights how Texas Pacific Land is seeking to broaden and deepen its revenue base beyond traditional oil and gas royalties. We'll now examine how the Chevron power project agreement might reshape Texas Pacific Land's investment narrative and long-term earnings mix. Uncover the next big thing with 20 elite penny stocks that balance risk and reward. To own Texas Pacific Land, you need to believe its Permian royalty and water franchises can keep throwing off high margin cash while newer surface and infrastructure uses slowly gain relevance. The Chevron Project Kilby agreement supports that broader monetization story, but it does not fundamentally change the near term reliance on oil and gas activity as the key catalyst or the concentration in a single basin as the biggest risk. The most relevant recent development here is the Chevron power facility agreement, where TPL provides land and brackish water to support long term power needs in Reeves County. This fits directly into the thesis that water services and surface use deals can deepen and diversify TPL’s earnings mix, adding another fee based revenue stream that sits alongside royalties and potentially becomes more important if commodity driven growth slows. Yet against these positives, investors should still be aware of how heavily exposed TPL remains to Permian specific regulatory and environmental risks, including... Read the full narrative on Texas Pacific Land (it's free!) Texas Pacific Land's narrative projects $1.3 billion revenue and $837.1 million earnings by 2029. Uncover how Texas Pacific Land's forecasts yield a $445.00 fair value, a 12% upside to its current price. Some of the lowest estimate analysts take a tougher view, even before this news, assuming around US$1.3 billion of revenue and US$826 million of earnings by 2029, and worrying that power or data center projects could disappoint, so as you consider the Chevron deal it is worth knowing how far opinions can differ and how new contracts might shift those expectations. Explore 6 other fair value estimates on Texas Pacific Land -...

Chevron (CVX) is poised to post second-quarter earnings above Wall Street's expectations on stronger

Chevron and Exxon are expected to report their best quarter since 2022 this month, as the war that the United States and Israel started against Iran on February 28 drove much tighter oil and gas supply. This could be a problem for President Trump who has already slammed Big Oil for keeping prices at the pump too high. The two biggest American oil companies are reporting second-quarter results at the end of this month and, according to Reuters, will book the best quarter since 2022, when Western sanctions on Russia following its incursion into Ukraine pushed international benchmarks to well over $100 per barrel. This year, the U.S. and Israeli strikes against Iran prompted the latter to close the Strait of Hormuz, which in turn caused oil and gas prices to skyrocket—although they never quite reached 2022 levels. As usual, when crude oil prices rise, so do the prices of the end products made from crude, boosting refiners’ bottom lines. In the latest supply crisis, U.S. crude played a central role in offsetting some of the lost supply from the Middle East, with U.S. producers selling abroad record volumes of crude and refined products, turning the country into the world’s largest oil and fuels exporter. This, however, has come at a price for Americans. Related: Saudi Arabia Ships 34 Million Barrels Through Hormuz Despite Thin Tanker Traffic Retail fuel prices flew higher in the wake of those strikes by the U.S. and Israel that started the war with Iran, and although they never really hit the highs from 2022 when a gallon of regular gasoline topped $5, they were high enough to anger the U.S. president. “The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil. Those prices are dropping ‌like a rock! In other words, customers are being ‘gouged’,” Trump wrote on TruthSocial at the end of last month. “I have instructed the DOJ to immediately start looking into this. Gasoline prices better start going down a lot faster than what I’m seeing!” The news came as a surprise to many, seeing as the U.S. president has had a cordial relationship with Big Oil, which was a generous donor to his second presidential campaign. Trump also made the expansion of the U.S. oil and gas industry a priority for his second presidential administration, vowing to establish U.S. energy dominance over the world. In that,...

Chevron's (CVX) Kilby power project differentiates the company from its global peers and could becom

HOUSTON, July 02, 2026--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX), one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, July 31, 2026 at 11:00 a.m. ET (10:00 a.m. CT). Conference Call Information:Date: Friday, July 31, 2026Time: 11:00 a.m. ET / 10:00 a.m. CTDial-in # (Listen-only mode): 800-918-2066Conference ID #: 3870797 Speakers:Mike Wirth – Chairman of the Board & Chief Executive OfficerEimear Bonner – Chief Financial OfficerJeff Gustavson – President, New EnergiesJeanine 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/20260702569699/en/ Contacts Media Contact:James Craig+1 (832) 794-1630

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Chevron stock has almost doubled investors' money over the past five years, yet recent share price weakness and a mixed valuation score suggest it may no longer be an obvious bargain at around US$165.69. Chevron has delivered a 97.6% total return over five years, which puts the recent short term pullback into context and raises the question of how much of the story is already in the price. The long term power deal with Microsoft for Project Kilby can support expectations for durable cash flows. However, exposure to energy prices and regulatory scrutiny around fuel costs remains a key risk to how those cash flows are valued. With a valuation score of 4 out of 6, Chevron screens as a mixed picture rather than a clear bargain or clear overvaluation on the broader checks. The stock's next move may depend on whether investors see Chevron's recent projects and cash flow profile as enough to justify the current price after such a strong five year run. Find out why Chevron's 16.7% return over the last year is lagging behind its peers. The P/E ratio is a useful way to think about what you are paying for each dollar of Chevron earnings, given its role as a large, diversified oil and gas company. Chevron trades on a P/E of 29.8x, compared with an Oil and Gas industry average of 12.8x and a peer group average of 34.1x. A tailored fair P/E for Chevron, which reflects its size, margins, sector and risk profile, sits at 29.2x, only slightly below the current market multiple. That small gap suggests the stock is priced close to what this framework would imply rather than offering a clear discount or premium. Despite recent attention around projects like Project Kilby and the related power deal with Microsoft, the current P/E still lines up closely with this fair multiple, indicating that recent news has not pushed Chevron into obviously stretched territory on earnings. On the P/E measure, Chevron looks roughly fairly valued, with its earnings multiple sitting close to what this model suggests is reasonable. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives take the Chevron valuation puzzle a step further by spelling out which expectations about Chevron's future growth, margins and earnings would need to hold for...

Meridian Funds, managed by ArrowMark Partners, released its first-quarter 2026 investor letter for “Meridian Hedged Equity Fund”. A copy of the letter can be downloaded here. The Fund invests in high-quality growth companies and mitigates risk by writing call options. Following the late-February strike on Iran, oil prices surged, leading to a risk-off sentiment, boosting energy sector performance. Large-cap technology stocks declined as investors rotated towards smaller companies and more defensive value investments. Market conditions are becoming challenging due to reduced expectations for a Federal Reserve rate cut and increasing geopolitical uncertainty. The Fund returned 0.08% (net) for the quarter, outperforming the S&P 500 Index, which fell 4.33%, and the CBOE S&P 500 BuyWrite Index, which declined 0.92%. At the end of the period, 43% of the portfolio was unhedged, while the remainder was invested in companies with covered call options. In addition, please check the Fund’s top five holdings to know its best picks in 2026. In its first-quarter 2026 investor letter, Meridian Hedged Equity Fund highlighted Chevron Corporation (NYSE:CVX) as a leading contributor. Chevron Corporation (NYSE:CVX) is a leading integrated energy company that operates through Upstream, Downstream, and All Other segments. On June 26, 2026, Chevron Corporation (NYSE:CVX) closed at $171.06 per share, reflecting a market capitalization of $340.68 billion. Chevron Corporation (NYSE:CVX) posted one-month return of -7.95%, while its shares gained 19.46% over the past 52 weeks. Meridian Hedged Equity Fund stated the following regarding Chevron Corporation (NYSE:CVX) in its Q1 2026 investor letter: Chevron Corporation (NYSE:CVX) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 103 hedge fund portfolios held Chevron Corporation (NYSE:CVX) at the end of the first quarter, up from 86 in the previous quarter. While we acknowledge the potential of Chevron Corporation (NYSE: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. In another article, we covered Chevron Corporation (NYS...

CVX trades at 11x forward earnings with a 3.42% yield, backed by 39 consecutive years of uninterrupted dividend increases. Despite a ~103% earnings payout ratio, Chevron's $16.6B free cash flow comfortably covers its $13.6B dividend bill, making cash flow the real safety metric. CEO Mike Wirth cites 16 consecutive quarters of $5B+ shareholder returns, but a sustained oil price drop to $55 would pressure the payout before the dividend gets cut. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Chevron didn't make the cut. Grab the names FREE today. Chevron (NYSE:CVX) is an integrated energy major whose July 2025 Hess acquisition added Guyana, Bakken, and Gulf of America assets. With WTI near $95 and the Fed funds rate sitting at 3.75% after 75 basis points of cuts, the question I want to answer is whether income investors can trust the payout. On FY2025 diluted EPS of $6.63 against roughly $6.84 in dividends paid per share, the earnings payout ratio runs about 103%. That looks alarming until you look at cash. Chevron generated record operating cash flow of $33.9 billion and free cash flow of $16.6 billion against roughly $13.6 billion in dividend payments. The net debt ratio climbed to 17.9% after Hess, but interest coverage of 13.70x means servicing the debt is not eating into dividend cash. Chevron maintained payouts through the 2020 COVID downturn and the 2014-2016 oil crash, which is the track record income investors care about. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Chevron didn't make the cut. Grab the names FREE today. CEO Mike Wirth on the Q1 2026 call: "This disciplined performance supports dependable cash generation, enabling us to continue returning significant capital to shareholders, while investing in advantaged long-lived assets." Chevron just completed its 16th consecutive quarter returning over $5 billion to shareholders. Dividend Safety Rating: Safe. The FCF payout ratio of 82% is elevated, but coverage from operating cash flow at 2.5x, a 1.08x net leverage ratio, and 39 years of uninterrupted increases give Chevron real margin of safety. The dividend looks well-supported if Brent stays above $70 and the $3 to $4 billion structural cost reduction program lands on time. The setup looks riskier if oil retraces to the $55 lows seen in December 2025 for an extended...

Chevron's (NYSE: CVX) first-quarter 2026 earnings were a bit weak, falling 35% year over year. That figure sounds bad, but it masks material underlying strength. Notably, there was a one-time hit due to the timing of certain hedging activity, which will likely reverse later in the year, making future quarters look even better. With the company growing production by 24% and returning a huge $6 billion in cash to shareholders, is now the time to buy Chevron? The big story in the energy sector today is the geopolitical conflict in the Middle East. The high energy prices resulting from supply constraints caused by this conflict didn't actually start until partway through the first quarter. Add in the $2.9 billion headwind from the timing of hedging activity, and Chevron's first quarter actually looked fairly weak. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » But there were good things going on underneath that high-level figure. Notably, the Hess acquisition allowed the company to dramatically increase production. That said, Chevron also saw strong production numbers from its Gulf of America and Permian Basin activity. That should set the company up for better financial results in the second quarter and beyond. Meanwhile, the globally diversified integrated energy giant continues to reward investors, paying $3.5 billion in dividends and repurchasing $2.5 billion in stock. It has increased its dividend annually for decades, making its 3.7% yield a fairly attractive option for dividend investors. From a business perspective, Chevron is usually a good choice in the energy patch. Its business spans the entire energy value chain, and it is financially strong. And, as noted, it is a reliable dividend payer. However, investors need to keep the broader picture in mind. The geopolitical conflict in the Middle East has upended the global energy market, and news flow from the conflict is pushing oil prices higher and lower in quite dramatic fashion. The conflict has also led to a surge in Chevron's stock, along with the rest of the sector. If oil prices fall sharply after the conflict ends, Chevron's stock is likely to decline, as well. It probably w...

Chevron (NYSE: CVX) reported first-quarter 2026 adjusted earnings of $1.41 per share. That figure is materially lower than the $2.18 it earned in the year-ago period, which sounds really bad. Especially when you see that the company's realized oil price rose just over 6.5% year over year. There's a lot going on under the covers here, and much of it is positive. Chevron is one of the world's largest energy companies. It has operations around the world, produces oil and natural gas, and operates across the entire energy value chain, from the upstream (energy production) to the midstream (pipelines) to the downstream (chemicals and refining). It is a very complex business, and one important piece is hedging. But hedging activities don't always align well with quarterly earnings. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » In the first quarter, Chevron's earnings were unfavorably impacted by its hedging efforts to the tune of $2.9 billion. That hit should reverse itself in future quarters, but the near-term impact is that it may have made the company's first quarter look worse than it really was. In fact, the company's production rose in the quarter, which is a good sign. Part of that came from its acquisition of Hess, but another important story was the company's one million barrels per day of production in the Permian Basin. That was the fifth quarter in a row that production exceeded one million barrels. Management is focusing on generating robust cash flow from the region, but believes it could increase production there if it wanted to. Given the ongoing integration of Hess and the production boost it brings, leaning into the Premian wasn't a key priority. Still, year-over-year production jumped a huge 15% globally and 24% in the U.S. market. In other words, Chevron was able to grow its business despite the conflict in the Middle East. And there could be more room for growth even if the conflict lingers beyond the point when Hess is fully accounted for in the production numbers. The big story in the energy patch is clearly the geopolitical conflict in the Middle East. Given its near-term impact on oil prices, it makes sense. Chevron'...