Chevron planned $13.8 billion Argentina project: Chevron stock sits 1.02 percent below its high

Published on 10/26/2026 at 11:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 67.20 billion, up 57.40 percent year over year. Chevron stock costs EUR 206.23 on October 26, 2026, 0.99 percent below the Xetra close.

Operational expansion and earnings

Chevron planned a USD 13.80 billion Argentina project on October 23, 2026.
Second-quarter revenue reached USD 67.20 billion, up 57.40 percent year over year.
Chevron stock trades at EUR 206.23 at 11:23 a.m. CET at Lang & Schwarz on October 26, 2026, 0.99 percent below the Xetra close of October 23, 2026.

Editorial financial photography of trading monitor screens displaying energy sector data with ENERGY OIL GAS NYSE text, green and red candlestick charts, blue screen glow in dark office, professional financial journalism aesthetic — Chevron Corporation US1667641005 wird an der NYSE als führendes integriertes Öl- und Gasunternehmen gehandelt, Illustration mit AI erstellt.

Chevron Corporation stock (ISIN US1667641005) was trading at EUR 206.23 at Lang & Schwarz on October 26, 2026 at 11:23 a.m. CET, 0.99 percent below the Xetra close of October 23, 2026 at EUR 208.30. The company had planned a USD 13.80 billion investment to boost oil output in Argentina, according to MarketScreener on October 23, 2026.

Argentina project expands the growth map

The Argentina plan would apply Chevron's operating approach from the Permian Basin to the Vaca Muerta shale region. The reported investment figure gives the project a material scale, but the plan still depends on execution and local operating conditions.

Chevron's latest reported quarter provided a stronger financial base. In the second quarter of 2026, revenue reached USD 67.20 billion, up 57.40 percent from the prior-year quarter, while net income attributable to common shareholders was USD 12.07 billion and diluted earnings per share were USD 6.11. The figures come from the standardized second-quarter financial statements for the period ended June 30, 2026.

What did analysts change?

Erste Group Bank raised its fiscal-year 2027 earnings-per-share estimate for Chevron to USD 15.35 from USD 13.78 in a report dated October 21, 2026, according to MarketBeat. The change points to higher expected earnings, while the stock price remains close to its EUR 208.35 52-week high reported for October 23, 2026.

Three dates chart the latest phase

On July 31, 2026, Chevron reported second-quarter revenue of USD 67.20 billion and diluted earnings per share of USD 6.11. On October 17, 2026, the company agreed to transfer Hess assets in a transaction covered by Boerse Express. On October 23, 2026, Chevron disclosed the USD 13.80 billion Argentina investment plan through the report carried by MarketScreener.

When does Chevron report next?

Chevron's next scheduled earnings release is October 30, 2026, according to the company calendar cited by MarketScreener. That release will provide the next reported test of output, cash generation and the earnings outlook.

Chevron stock stays near its yearly high

Chevron's primary listing is on the NYSE, where the stock was last quoted at USD 233.21 on October 23, 2026 at 4:02 p.m. EDT. The same session placed the USD 146.49 to USD 233.74 52-week range in view, while the euro quotation remained EUR 2.12 below the Xetra high of EUR 208.35. Chevron stock was trading at EUR 206.23 at Lang & Schwarz on October 26, 2026 at 11:23 a.m. CET, 0.99 percent below the Xetra close of October 23, 2026 at EUR 208.30. The further course of trading is shown by the continuously updated real-time quote of Chevron stock.