Last updated: May 22, 2026 · ← Back to Stock Fact Sheets
NYSE: CVX
Chevron Corporation
Integrated energy · San Ramon, CA · CEO: Mike WirthLive price: Yahoo Finance →
Q1 2026 · May 1, 2026
Q1 EPS (adj.)
$1.41EPS beat
vs $0.96 est. (+47%)YTD return
+20%+Brent crude
$109+/bblIran war impact
Oil price tailwindGoldman PT
$216 (Buy)Dividend yield
~4.5%Berkshire holding
Yes (top position)Snapshot
| Market cap | ~$270B |
| Dividend Aristocrat | 37+ consecutive increases |
| Dividend raised | +4% entering 2026 |
| Key risk | Iran peace deal = oil price drop |
| Berkshire stake | Top 5 Buffett holding |
Key themes
| Bull | Iran conflict = $100+ oil for extended period |
| Bear | Peace deal risk = sharp oil price reversal |
| Catalyst | Continued Iran/Hormuz tension |
| EPS beat magnitude | Largest among Dow 30 in Q1 |
Not investment advice. Data as of May 22, 2026. Check live quote for current price.
Chevron (CVX) — Overview
Chevron Corporation (NYSE: CVX) is one of the world’s largest integrated energy companies, producing, refining, and marketing crude oil, natural gas, and petroleum products globally. Q1 2026 EPS of $1.41 beat the $0.96 consensus by nearly 47% — one of the largest beats among any Dow 30 component in the quarter — driven by Brent crude surging above $109 per barrel on the Iran conflict and Strait of Hormuz disruption risk. Chevron stock is up more than 20% year-to-date as oil prices remain elevated. Goldman Sachs raised its price target to $216 with a Buy rating citing strong free cash flow. Chevron is a Dividend Aristocrat that has raised its dividend for over 37 consecutive years, including a 4% increase entering 2026. Warren Buffett’s Berkshire Hathaway holds Chevron as one of its top five equity positions. The single most important risk is an Iran peace deal: any credible de-escalation would likely send Brent crude sharply lower and remove Chevron’s primary 2026 catalyst.
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For informational purposes only. Not investment advice. Data as of May 22, 2026.
