Chevron (CVX) stock rose 2.5% on September 15, 2026. The share price reached a new 52-week high of $217.78. The stock closed the session at $217.52. This peak marks the latest in a series of new highs achieved during September.
Rising oil prices and strong quarterly results fueled the rally. Chevron reported earnings of $6.06 per share on July 31. This figure beat the consensus estimate of $5.55 per share. Quarterly revenue reached $67.20 billion. This exceeded the projected revenue estimate of $62.72 billion.
Record production and robust cash flow contributed to the performance. The stock has increased approximately 40% year-over-year.