Chevron Secures 20-Year Power Deal with Microsoft for West Texas Data Center
Tom Rudovsky · Reported by Dow Jones Newswires
More coverage: Oil & Gas Stocks · Energy
Sentiment
Positive
Importance
7
Price
$175.05
Mkt Cap
$345.801B
52W Low
$142.4
52W High
$214.71
52W Position
23% above low
Off High
18% below high
Rel. Volume
1.7× avg
Market data snapshot near publication time
CVX sits 23% above its 52-week low of $142.4.
Summary
Chevron has signed a 20-year agreement to supply power to Microsoft's data center in West Texas. This deal provides Chevron with a stable, long-term revenue stream from a major tech company, which is a positive development following recent Q1 financial downturns. For Microsoft, it secures a critical power supply for its data center operations for two decades.
At the time of this announcement, CVX was trading at $175.05 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $345.8B. The 52-week trading range was $142.40 to $214.71. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.
Price Chart
CVX - Latest Insights
CVX
Aug 10, 2026, 9:10 AM EDT
Price at Filing:
$188.44
Real-time Price:
$196.55
Change:
+$8.10 (+4%)
Market Cap:
$388.555B
CVX
Aug 10, 2026, 7:37 AM EDT
Price at Filing:
$187.90
Real-time Price:
$196.55
Change:
+$8.65 (+5%)
Market Cap:
$388.555B
CVX
Aug 06, 2026, 11:12 AM EDT
Price at Filing:
$188.12
Real-time Price:
$196.55
Change:
+$8.43 (+4%)
Market Cap:
$388.555B
CVX
Aug 05, 2026, 8:26 AM EDT
Price at Filing:
$190.90
Real-time Price:
$196.55
Change:
+$5.65 (+3%)
Market Cap:
$388.555B
CVX
Aug 04, 2026, 3:14 AM EDT
Price at Filing:
$193.19
Real-time Price:
$196.55
Change:
+$3.36 (+2%)
Market Cap:
$388.555B