Chevron reports first-quarter 2026 earnings on May 1. Analysts forecast a year-over-year earnings decline. Revenue expectations are $47.37 billion. Consensus EPS estimates rose over the last 30 days.
The Wheatstone LNG plant in Australia resumed full production. Chevron stock gained over 20% year-to-date. Momentum cooled as geopolitical oil price premiums eased. Investors are rotating capital into other sectors.