Chevron Reports Second Quarter 2026 Results
Chevron Reports Second Quarter 2026 Results
Reported earnings of $12.1 billion; return on capital employed of 21 percent
Record U.S. production; worldwide production increased 20 percent from last year
Record crude unit throughput at U.S. refineries; crude unit utilization at 97 percent
Signed 20-year power agreement with Microsoft for West Texas data center
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Chevron tops Q2 2026 earnings estimates as revenue hits $70.06B, driven by record U.S. upstream production and strong margins.
Analysts have high expectations for ExxonMobil and Chevron for Q2 quarterly results. Here's the numbers and why expectations are…
Chevron's production in the Permian, Gulf of Mexico and Kazakhstan increased despite lower oil prices.
The oil giant beat expectations despite a bearish market for crude, which logged its biggest annual price decline since 2020.
Chevron signed a 20-year deal to fuel Microsoft data centers with nat gas.
Chevron CEO Mike Wirth highlights gas-fired power for data centers as a major future growth driver in the energy portfolio.
