Chevron is most exposed to Venezuela license decisions. SLB and Halliburton CEO's just explained how big the impact could be on their businesses.

Chevron Corp (NYSE:CVX) is negotiating with the Trump administration to expand its Venezuela oil license, aiming to boost exports to 300,000 barrels per day by March. The move comes as Trump pivots toward energy independence policies,

Investors don't need to worry about this oil major's sterling dividend track record or its future.

Chevron CEO Mike Wirth said on Friday the U.S. oil major can process an additional 100,000 barrels per day of Venezuelan crude at its refineries.

Oil prices remain the dominant driver of Chevron’s returns, and recent developments tied to Venezuela’s potential production ramp-up add another layer of uncertainty. With valuation already stretched and earnings forecasts trending lower for 2025 and ...

His firm loaded around 1.7m barrels of Venezuelan crude onto tankers in the first week of January, after the partial lifting of an American blockade, the most it has managed since May 2025. It will also benefit from involvement in the sale of 50m stockpiled barrels,

Chevron Corporation (NYSE:CVX) is one of the stocks in focus as Jim Cramer shared his weekly game plan. Cramer ended his game plan with the oil plays, as he commented: We also have two oils: Chevron and Exxon.

Chevron can't avoid the impact of oil prices on its business. No energy company can. So oil downturns tend to lead to revenue and earnings declines, as well as to stock-price weakness.