Chevron restored full production at its Wheatstone LNG facility in Western Australia. The company completed repairs following impacts from Tropical Cyclone Narelle.
Chevron shares rose on April 23, 2026. Multiple analyst upgrades contributed to the stock's upward movement. Supportive oil prices provided additional market tailwinds.
Investors focused on the production recovery and positive analyst outlook. This sentiment overshadowed a recent crude spill at the company’s Pasadena, Texas refinery.