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Chevron Corporation (NYSE: CVX) Stock: Surges as Microsoft Deal and $12.1 Billion Profit Boost Confidence

By Yasmin Werner at 2026-10-11 17:18

Sentiment: Positive

TLDR Chevron stock gains as quarterly profit climbs sharply to $12.1 billion overall. Microsoft signs a 20-year deal for 2.67 gigawatts of Chevron power capacity. Chevron reduces total debt by a record $8.4 billion during the second quarter. Hess assets help Chevron lift total production by 20% from the prior-year level. Free cash flow rises [...] The post Chevron Corporation (NYSE: CVX) Stock: Surges as Microsoft Deal and $12.1 Billion Profit Boost Confidence appeared first on CoinCentral. Continue reading...

Categories: Stocks

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