Chevron Q2 Earnings Exceed Expectations with Strong Cash Flow
Chevron's Q2 earnings have beaten estimates, with adjusted EPS reaching USD 6.06 per share, exceeding consensus by USD 0.51.
The energy company reported revenue of USD 67.20 billion in the quarter ended June 30, 2026, a 57.4 percent increase from the prior-year period.
Chevron's Q2 operating cash flow was over three times its adjusted EPS figure on a simple dollar comparison.
Piper Sandler has raised its Chevron target to USD 243.00, maintaining an Overweight rating.