Chevron (CVX, $119.04) Q2 earnings jump +27%, beat expectations
Chevron Corp. reported second quarter earnings that edged past analysts’ expectations, even as revenue missed estimates.
The energy company’s earnings for the three months ending in June surged around +27.5% year-over-year to $2.27 per share, crushing the Street consensus forecast of $1.78 per share.
The company benefited from a $1 billion termination fee it received after Occidental Petroleum bought Anadarko Petroleum with a winning $38 billion bid. The termination fee added $720 million to the quarter’s profit, Chevron said.
However, total revenue for the company declined -21% from the year-ago quarter to $36 billion, falling short of analysts' estimates of $40.55 billion.
While its U.S. shale production climbed +21% during the quarter, it was offset by sharply lower oil and gas prices.
Chevron’s daily production of oil and gas rose +9.1% to 3.08 million barrels - a record high for the company.
The company indicated that it expects to buy back $5 billion in its shares this quarter.
CVX in downward trend: price expected to drop as it breaks its higher Bollinger Band on March 12, 2026
CVX broke above its upper Bollinger Band on March 12, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 43 similar instances where the stock broke above the upper band. In of the 43 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CVX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for CVX just turned positive on March 12, 2026. Looking at past instances where CVX's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CVX advanced for three days, in of 375 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 325 cases where CVX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 46, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. CVX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.092) is normal, around the industry mean (1.542). P/E Ratio (29.686) is within average values for comparable stocks, (129.043). Projected Growth (PEG Ratio) (3.875) is also within normal values, averaging (2.146). Dividend Yield (0.035) settles around the average of (0.059) among similar stocks. P/S Ratio (1.981) is also within normal values, averaging (1.143).
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General Information
a company which explores and refines oil and natural gas
Industry IntegratedOil
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