Bullish
Chevron's stock rises 4% weekly, closing at $194.65 on July 24, 2026.
Chevron's stock has experienced a 4% increase over the past week, closing at $194.65 on July 24, 2026. This upward trend is attributed to rising oil prices and a significant 20-year agreement with Microsoft to supply natural gas for data centers.
Key points
- Chevron's stock price increased by 4% over the past week, closing at $194.65 on July 24, 2026.
- The company secured a 20-year deal with Microsoft to supply natural gas for data centers, enhancing its position in the AI infrastructure market.
- Analysts have raised Chevron's earnings per share estimate to $5.70 for Q2 2026, up from $3.82, citing higher crude prices and improved margins.
- Chevron is expected to release its Q2 2026 earnings report on July 31, 2026, with analysts anticipating earnings of $5.42 per share and revenue of $63.53 billion.
Sources
- Chevron (CVX) Continues Strong Performance with 4% Weekly GainsGuruFocus · July 24, 2026
- Chevron’s Microsoft Deal Turns Natural Gas Into an AI Power PlayInvesting.com · July 8, 2026
- UBS raises Chevron stock EPS estimate on higher crude, marginsInvesting.com · July 9, 2026
- Chevron (CVX) Expected to Post Quarterly Earnings on FridayMarketBeat · July 24, 2026
AI-generated from public news sources. Not financial advice.
