Chevron stock holds near $200 as oil and earnings stay firm

Chevron stock is trading near $200 after second-quarter revenue of $67.2 billion and adjusted EPS of $6.06 on August 14, 2026, while crude held above $82 a barrel.

Chevron Corporation (US1667641005) stock held near $200 on August 14, 2026, after posting second-quarter revenue of $67.2 billion and adjusted EPS of $6.06. The shares also sit close to a 52-week range of $146.49 to $214.71, with market value at $392.32 billion as of August 14, 2026.

Oil prices added support on August 17, 2026, with Brent at $88.50 a barrel and U.S. crude at $82.12, while Reuters said the Strait of Hormuz dispute kept supply risks elevated. For Chevron, that matters because the company reported revenue up 57.4% year over year and EPS up from $1.77 in the same quarter last year.

Q2 numbers set the tone

The latest quarterly update remains the core reference point for investors. Chevron's revenue of $67.2 billion came in above the $62.72 billion consensus cited in market coverage, and adjusted EPS of $6.06 beat the $5.55 estimate by $0.51.

That gap was not small. The same quarter a year earlier brought $1.77 in EPS, which means the latest result was more than three times higher on that measure.

Analysts keep adjusting

Market data published on August 17, 2026 showed a forward dividend of $7.12, a yield of 3.56%, and an average analyst target of $216.83, with a latest TD Cowen call on August 5, 2026 that kept a Hold rating and lifted the target to $205 from $200. The range around the stock is still wide, from a 52-week low of $146.49 to a high of $214.71.

That mix says the market is balancing strong cash generation against a share price that already trades much closer to the top of its annual band than the bottom.

What the product side shows

Chevron's integrated model still spans upstream production, refining, and natural gas operations. Its portfolio includes crude oil, natural gas, refined products, lubricants, and renewable fuels, with 2025 worldwide net oil-equivalent production of 3.7 million barrels per day and year-end 2025 proved reserves of 10.6 billion barrels of oil equivalent.

Price and setup

Chevron stock closed at $200.00 on August 14, 2026, and traded at $199.72 overnight as of August 16, 2026. With a market cap of $392.32 billion and a 2026 earnings date estimate of October 30, 2026, the next move still depends on how oil, margins, and capital returns develop into the autumn.

Fact box

Company: Chevron Corporation
ISIN: US1667641005
Ticker: CVX
Exchange: NYSE
Sector / Industry: Energy / Oil & Gas Integrated
Market cap: $392.32 billion as of August 14, 2026
Price: $200.00 as of August 14, 2026, 4:04 p.m. ET
52-week range: $146.49 to $214.71
Forward dividend and yield: $7.12 and 3.56%
Next earnings date: October 30, 2026