Yahoo · Oct 20, 2026
Chevron Moves to Take Over Russia's Most Prized Iraqi Oil Field
- Washington is seeking to regain influence over Iraq’s vast oil reserves, challenging years of expanding Russian and Chinese control.

NYSE · CVX
Energy · Oil & Gas Integrated
$224.37
Up+$1.34 (+0.60%)
Updated Oct 20, 2026, 8:33 PM
SID Score
8.0/10
Composite research score
Smart Money
66/100
Neutral
Price performance · CVX
1M range · 21 trading sessions · Daily adjusted prices
Prices through Oct 19, 2026
CVX closed at $224.37 after 21 trading sessions, up 10.16% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 19, 2026 | $223.88 | $225.67 | $223.12 | $224.37 | 9.52M |
| Oct 16, 2026 | $221.85 | $225.31 | $220.41 | $224.99 | 8.72M |
| Oct 15, 2026 | $222.82 | $223.4605 | $218.05 | $219.32 | 7.1M |
| Oct 14, 2026 | $218.89 | $222.55 | $218.54 | $222.04 | 9.51M |
| Oct 13, 2026 | $217.00 | $218.79 | $215.95 | $217.73 | 7.44M |
| Oct 12, 2026 | $214.54 | $216.67 | $213.7501 | $215.00 | 8.31M |
| Oct 9, 2026 | $211.05 | $213.72 | $210.71 | $211.98 | 6.3M |
| Oct 8, 2026 | $209.32 | $212.355 | $208.96 | $211.55 | 7.63M |
| Oct 7, 2026 | $208.44 | $210.14 | $204.86 | $205.15 | 5.74M |
| Oct 6, 2026 | $205.565 | $208.69 | $204.8942 | $207.58 | 5.47M |
| Oct 5, 2026 | $206.83 | $207.26 | $201.96 | $206.47 | 6.45M |
| Oct 2, 2026 | $204.80 | $207.32 | $204.45 | $206.69 | 6.67M |
| Oct 1, 2026 | $203.325 | $207.41 | $202.82 | $207.10 | 6M |
| Sep 30, 2026 | $205.09 | $206.8262 | $204.21 | $204.21 | 6.39M |
| Sep 29, 2026 | $203.05 | $205.48 | $202.70 | $204.38 | 5.92M |
| Sep 28, 2026 | $207.00 | $208.25 | $205.38 | $206.37 | 9.53M |
| Sep 25, 2026 | $203.805 | $206.5389 | $203.40 | $204.45 | 7.14M |
| Sep 24, 2026 | $207.24 | $208.10 | $204.87 | $205.65 | 9.39M |
| Sep 23, 2026 | $204.46 | $207.00 | $203.48 | $205.51 | 8.26M |
| Sep 22, 2026 | $201.87 | $204.44 | $200.78 | $202.41 | 9.35M |
| Sep 21, 2026 | $207.89 | $209.00 | $203.50 | $203.67 | 8.47M |
The latest Smart Investors Daily articles mentioning CVX.
Company
Market Activity
Research & News
CVX research
Company profile and research snapshot.
Chevron is an integrated energy company with exploration, production, and refining operations worldwide. It is the second-largest oil company in the United States with production of 3.0 million of barrels of oil equivalent a day, including 7.7 million cubic feet a day of natural gas and 1.7 million of barrels of liquids a day. Production activities take place in North America, South America, Europe, Africa, Asia, and Australia. Its refineries are in the US and Asia for total refining capacity of 1.8 million barrels of oil a day. Proven reserves at year-end 2024 stood at 9.8 billion barrels of oil equivalent, including 5.1 billion barrels of liquids and 28.4 trillion cubic feet of natural gas.
Visit company websiteConsensus and target data currently published for this company.
| Date | Firm | Rating | Target |
|---|---|---|---|
| Oct 15, 2026 | Morgan Stanley | Overweight | — |
| Oct 12, 2026 | TD Cowen | Hold | — |
| Oct 8, 2026 | UBS | Buy | — |
| Sep 28, 2026 | TD Cowen | Hold | — |
| Sep 25, 2026 | HSBC | Buy | — |
No generated briefing is available yet.
Yahoo · Oct 20, 2026
- Washington is seeking to regain influence over Iraq’s vast oil reserves, challenging years of expanding Russian and Chinese control.
Yahoo · Oct 20, 2026
Suncor Energy, Chevron and Diversified Energy are reshaping their oil and gas portfolios to cut costs, improve capital efficiency and strengthen cash flow, but key trade-offs remain.
Yahoo · Oct 20, 2026
The Iran War has increased prices, but the global calculus is changing about how the economy is absorbing those shocks.
Yahoo · Oct 19, 2026
When the market turned, money ran toward soda, oil and insurance.
Interpretive context generated from the platform’s current data sources.
Chevron Corporation shares traded at $224.45, reflecting a 1.01% gain in the most recent session, per SID market data. The stock has demonstrated strong momentum across multiple timeframes, rising 6.34% over the past month, 18.6% over three months, and 49.01% over the trailing twelve months. CVX currently trades well above both its 50-day moving average of $207.13 and its 200-day moving average of $192.36, according to Massive/Polygon technical data, indicating sustained upward price trajectory. The 14-day relative strength index stands at 77.0, placing the stock in overbought territory and suggesting potential near-term consolidation. Chevron's beta of 0.673 indicates lower volatility relative to the broader market, a characteristic consistent with large-cap integrated energy companies. Average daily trading volume stands at approximately 8.69 million shares, supporting adequate liquidity for institutional positioning. The company's market capitalization currently sits at approximately $301.3 billion.
Chevron Corporation trades at a price-to-earnings ratio of 21.25, per SID market data, a level that reflects a premium relative to historical energy sector averages. The company's price-to-book ratio stands at 1.43, according to SEC filings, indicating the stock trades modestly above its book value per share. Chevron's PEG ratio is currently negative at -2.50, driven by projected earnings contraction expectations, which limits the utility of this metric for growth-adjusted valuation assessment. The company maintains a dividend yield of approximately 4.54%, positioning it as one of the higher-yielding large-cap names within the energy sector and underscoring its commitment to shareholder returns. This yield remains a key consideration for income-focused investors evaluating the integrated oil major. The valuation profile reflects a balance between the company's capital discipline and the cyclical nature of energy commodity pricing that drives its underlying cash flows and profitability metrics.
Chevron Corporation carries a smart money composite score of 71, generating a bullish signal according to SID market data. The institutional component scores a perfect 25 out of 25, reflecting robust and sustained buying interest from large asset managers, per 13F institutional filings. Congressional trading activity scores 24.2 out of 25, indicating significant purchase activity among members of Congress who have disclosed CVX transactions. Insider activity presents a more nuanced picture, scoring 8.4 out of 25. SEC Form 4 filings reveal 20 insider transactions over the past 90 days, comprising 5 purchases and 15 sales, suggesting executives have been net sellers during the stock's recent rally. Dark pool activity scores 13.4 out of 25, reflecting moderate levels of off-exchange institutional block trading. The divergence between strong institutional and congressional buying versus insider selling represents a notable dynamic for investors monitoring smart money flows. The overall composite still leans bullish driven primarily by institutional conviction and legislative branch activity.
Chevron Corporation has delivered consecutive earnings beats across its three most recent reported quarters, according to company earnings reports. In the most recent quarter ending July 2026, Chevron posted earnings per share of $6.06, surpassing the consensus analyst estimate of $5.27 by $0.79, representing a 15.0% positive surprise. The prior quarter saw EPS of $1.41 versus an estimate of $0.96, a $0.45 beat, while the quarter before that delivered $1.52 against $1.44 expected, an $0.08 upside surprise. The upcoming quarter, with results anticipated on October 30, 2026, carries a consensus estimate of $4.86 per share, per analyst estimates. The pattern of outperformance suggests management has consistently executed above Street expectations despite volatile commodity price environments. The significant earnings beat in the July quarter particularly stands out, potentially reflecting stronger-than-anticipated upstream production volumes or favorable refining margin conditions during the reporting period.
Wall Street analyst coverage of Chevron Corporation reflects a predominantly constructive outlook, per SID consensus data. In the most recent rating action dated October 15, 2026, Morgan Stanley reiterated its Overweight rating on CVX, maintaining confidence in the company's positioning within the integrated energy sector. UBS reaffirmed its Buy rating on October 8, 2026, while HSBC maintained its Buy rating on September 25, 2026, according to Wall Street analyst reports. TD Cowen represents the more cautious voice among recent coverage, reiterating its Hold rating on both October 12 and September 28, 2026. The consensus skews bullish, with three of the four covering firms maintaining Buy or equivalent ratings and one holding a neutral stance. No analysts have issued Sell ratings or downgraded their recommendations in the recent coverage period. The consistency of reiterated ratings without upgrades or downgrades suggests analysts view CVX as fairly valued within their existing price targets following its strong year-to-date performance of approximately 49% over the trailing twelve months.


The latest Smart Investors Daily articles mentioning CVX.