Chevron Stock Jumps Amid Rising Oil Prices and Strong Earnings
Chevron stock has seen an uptick in value, closing at $213.36 on September 10, 2026, which is just 2.0 percent below its 52-week high of $217.68 and significantly above the 52-week low of $146.49.
The company's market capitalization stands at $421.55 billion, with a trading volume of 4.55 million shares on Robinhood.
The increase in oil prices has contributed to Chevron's growth, with Brent crude settling above $101 a barrel on September 9, according to Nemo Money. This development is significant for Chevron as it remains close to its own peak price.
Chevron's quarterly earnings report showed revenue and other income of $70.06 billion, net income of $12.1 billion, and adjusted EPS of $6.06 in the second quarter. The company reported a 57.4 percent year-over-year increase in revenue, with an adjusted EPS of $6.06 beating the consensus estimate by $0.51.