Chevron Shares Soar 3.41% on New Fracturing Tech

On June 13, 2025, Chevron's stock rose by 3.41% in pre-market trading, reflecting a significant boost in investor confidence and market sentiment.

Chevron, in collaboration with Halliburton, has developed a new intelligent hydraulic fracturing process. This innovative technology integrates automated stage execution with real-time subsurface feedback, optimizing energy delivery into the wellbore without the need for manual intervention. This advancement enhances the efficiency and consistency of fracturing operations, marking a significant leap in autonomous hydraulic fracturing technology.

Additionally, Chevron Lummus Global (CLG) and Neste have joined forces to develop a new technology that converts wood-based biomass into high-quality, low-emission renewable fuels. This collaboration aims to transform wood-based waste materials into valuable renewable resources, contributing to the production of sustainable aviation fuel (SAF) and renewable diesel. The successful validation of this technology represents a major milestone in the quest for sustainable energy solutions.