Chevron's $891 Million Trading Day Ranks 85th Amidst Strategic Moves in LNG and Lithium

On June 27, 2025, Chevron (CVX) experienced a trading volume of $891 million, ranking 85th in the day's stock market activity. The stock price decreased by 0.46%.

Chevron has expanded its commitment to LNG supply by signing an incremental sale and purchase agreement with Energy Transfer. This agreement increases Chevron's total contracted volume from Energy Transfer to 3 million tons per year, following an initial 2 million tons per year agreement. The additional supply will come from Energy Transfer's proposed Lake Charles LNG export facility.

Chevron is also making strategic moves in the domestic lithium sector. The company's U.S. unit has acquired leasehold interests in approximately 125,000 net acres across northeast Texas and southwest Arkansas, marking its entry into the domestic lithium market. This acquisition is part of Chevron's efforts to support U.S. energy security and diversify its portfolio.

In addition to its LNG and lithium ventures, Chevron is exploring new opportunities in the oil and gas sector. The company has sought non-binding bids for the sale of its 50% stake in Singapore Refining Company (SRC), which includes bids from its joint venture partner PetroChina. This move is part of Chevron's broader strategy to divest assets in Asia and focus on more profitable ventures.

Chevron is also involved in a legal battle with the U.S. Supreme Court. The court has agreed to hear a bid by Chevron, Exxon Mobil, and other oil and gas companies to have lawsuits brought by two Louisiana localities accusing them of harming the state's coastal environment. This case could have significant implications for the oil and gas industry's liability for environmental damage.