CVX News
R40 coverage for Chevron Corporation (CVX).
R40 Coverage
News
Distillate Cracks Tripled to $106 a Barrel While Crude Fell. Our Refining Models Assume the Reverse.
Gulf Coast distillate cracks went from $30 a barrel in 3Q25 to $106 on 9 September while WTI fell. Chevron's and Exxon's model prices drift down from here.
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News
Guyana's Stabroek Share Jumped 25 Points. Exxon Had Already Priced the 100,000-Barrel Cost.
Guyana's Stabroek entitlement jumped to 39.8%. Run the terms through Exxon's stake and the transfer costs 102.5 kb/d — the cost Exxon had already guided.
R40
News
Chevron Q2 2026: Profits Nearly Quadruple as Middle East and Venezuela Turmoil Send Oil Prices Soaring
Chevron's Q2 2026 profit nearly quadrupled to $12.1B as Brent jumped 53% on Middle East and Venezuela turmoil, with record US output and $18.1B free cash flow.
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