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
Sep 28, 2026, 7:00 AM EDT
Price at Filing:
$207.57
Real-time Price:
$207.00
Change:
-$0.5697 (-0.27%)
Market Cap:
$408.372B
CVX
Sep 21, 2026, 8:35 PM EDT
Price at Filing:
$203.85
Real-time Price:
$207.00
Change:
+$3.15 (+2%)
Market Cap:
$408.372B
CVX
Sep 14, 2026, 7:22 AM EDT
Price at Filing:
$217.69
Real-time Price:
$207.00
Change:
-$10.69 (-5%)
Market Cap:
$408.372B
CVX
Sep 11, 2026, 10:33 AM EDT
Price at Filing:
$214.66
Real-time Price:
$207.00
Change:
-$7.66 (-4%)
Market Cap:
$408.372B
CVX
Sep 08, 2026, 12:50 PM EDT
Price at Filing:
$209.30
Real-time Price:
$207.00
Change:
-$2.30 (-1%)
Market Cap:
$408.372B