Chevron Corp

CVX: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Chevron Earnings: Integration Supports Continued Strong Earnings; Venezuela Set to Deliver Growth

Allen Good

Oct 30, 2026

Chevron's third-quarter earnings exceeded expectations. Earnings slipped sequentially, despite much stronger refining margins, because of slightly lower oil prices and timing effects that weighed on international results. Guidance was unchanged, while additional plans for Venezuela were announced.

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Chevron Corp

Chevron Earnings: Integration Supports Continued Strong Earnings; Venezuela Set to Deliver Growth

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