NYSE:CVXOil and Gas
Chevron (CVX) Valuation Check as 2026 Spending Plan Tightens and Cost-Savings Target Rises
Chevron (CVX) just tightened its 2026 playbook by reaffirming $18 billion to $19 billion in capital spending and lifting its cost savings goal to $3 billion to $4 billion, effectively doubling down on efficiency and free cash flow.
See our latest analysis for Chevron.
Against that backdrop, Chevron’s share price has eased in recent months even as governance tweaks, Venezuela negotiations and the Hess integration dominate headlines. However, its five year total shareholder return of about 113%...