Chevron Stock Tumbles Amid Negative Momentum

Chevron's stock price has been affected by negative momentum and is currently trading at $203.04, down 1.1% on the day.

The shares are below their short- and medium-term moving averages but remain above longer-term averages.

Chevron reported earnings per share of $6.06 for the quarter ended July 31, 2026, exceeding analyst expectations.

The company's quarterly revenue was $67.20 billion, outpacing analyst forecasts and reflecting strong business performance.

A quarterly dividend of $1.78 per share was declared, with an annualized payout of $7.12 and a yield of 3.5%.