Earnings Growth & Price Strength Make Chevron (CVX) a Stock to Watch

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When stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions.

Brokerage analysts are in charge of determining a company's growth and profitability expectations, or earnings estimates. These analysts work together with company management to evaluate all factors that may affect future earnings, like interest rates, the economy, and sector and industry optimism.

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Focus List Spotlight: Chevron (CVX)

Chevron is one of the largest publicly traded oil and gas companies in the world with operations that span almost every corner of the globe. The only energy component of the Dow Jones Industrial Average, San Ramon, CA-based Chevron is fully integrated, meaning it participates in every aspect related to energy – from oil production, to refining and marketing. The company generates more than $189 billion in annual revenues and produces over 3.7 million barrels per day of oil equivalent. Chevron currently churns out oil and natural gas at a 62/38 ratio. As of the end of 2025, the company had proved reserves of approximately 10.6 billion barrels of oil-equivalent.

Since being added to the Focus List on June 29, 2023 at $154.92 per share, shares of CVX have increased 34.13% to $207.79. The stock is currently a #3 (Hold) on the Zacks Rank.

Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $1.88 to $8.05. CVX boasts an average earnings surprise of 5.6%.

Additionally, CVX's earnings are expected to grow 10.4% for the current fiscal year.

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Chevron Corporation (CVX): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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