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MarketBeat
MarketBeat
Chris Markoch

Chevron Earnings Hint at New Highs—Is CVX Ready to Run?

Chevron Corporation (NYSE: CVX) delivered mixed results in its fourth-quarter earnings report. The integrated oil giant had a slight miss on revenue, but earnings came in above expectations. Several metrics were also lower year-over-year, which coincided with lower oil prices in 2025.

However, the company is looking forward to a strong year in 2026. Two reasons for the company’s optimism include a full year of production with the assets it acquired in its merger with Hess. It’s also primed to take a lead role in Venezuela. Chevron announced plans to ramp up production in the country by 50% in the next 18 to 24 months.

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