Chevron to Acquire 70% Operating Stake in Offshore Block 10 Concession
Reported by Reuters
Sentiment
Positive
Importance
8
Price
$180.69
Mkt Cap
$359.284B
52W Low
$142.4
52W High
$214.71
Market data snapshot near publication time
Summary
Chevron is set to acquire a 70% operating stake in the Block 10 offshore concession from Helleniq Energy. This strategic acquisition expands Chevron's exploration and production portfolio, directly impacting its future asset base and potential for oil and gas output. The move strengthens Chevron's long-term operational footprint, following recent warnings from its CEO about imminent global oil supply shortages.
At the time of this announcement, CVX was trading at $180.69 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $359.3B. 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 8 out of 10. Source: Reuters.
Price Chart
CVX - Latest Insights
CVX
Jun 16, 2026, 2:56 AM EDT
Price at Filing:
$180.69
Real-time Price:
$178.79
Change:
-$1.90 (-1%)
Market Cap:
$359.284B
CVX
Jun 14, 2026, 8:00 PM EDT
Price at Filing:
$187.00
Real-time Price:
$178.79
Change:
-$8.21 (-4%)
Market Cap:
$359.284B
CVX
Jun 12, 2026, 11:27 AM EDT
Price at Filing:
$187.89
Real-time Price:
$178.79
Change:
-$9.10 (-5%)
Market Cap:
$359.284B
CVX
Jun 11, 2026, 10:27 AM EDT
Price at Filing:
$190.41
Real-time Price:
$178.79
Change:
-$11.62 (-6%)
Market Cap:
$359.284B
CVX
Jun 10, 2026, 4:00 PM EDT
Price at Filing:
$191.75
Real-time Price:
$178.79
Change:
-$12.96 (-7%)
Market Cap:
$359.284B
CVX
Jun 09, 2026, 10:17 AM EDT
Price at Filing:
$186.24
Real-time Price:
$178.79
Change:
-$7.45 (-4%)
Market Cap:
$359.284B
CVX
Jun 02, 2026, 1:01 PM EDT
Price at Filing:
$187.76
Real-time Price:
$178.79
Change:
-$8.97 (-5%)
Market Cap:
$359.284B
CVX
Jun 01, 2026, 6:54 AM EDT
Price at Filing:
$183.22
Real-time Price:
$178.79
Change:
-$4.43 (-2%)
Market Cap:
$359.284B
CVX
Jun 01, 2026, 2:14 AM EDT
Price at Filing:
$182.40
Real-time Price:
$178.79
Change:
-$3.61 (-2%)
Market Cap:
$359.284B
CVX
May 28, 2026, 11:53 AM EDT
Price at Filing:
$183.55
Real-time Price:
$178.79
Change:
-$4.76 (-3%)
Market Cap:
$359.284B