Chevron Corp. (NYSE: CVX) stock has been surprisingly volatile since it announced earnings on May 2. Supply and demand are under pressure from the current administration’s tariff policies. Plus, like all oil companies, Chevron has been facing oil prices under $60 since OPEC+ announced it was increasing production. The move by OPEC+ underscores the cyclical nature of energy stocks in general and, in particular, oil stocks. It’s also where an opportunity is presenting itself to long-term investors.
[content-module:CompanyOverview|NYSE:CVX]For the first quarter 2025 earnings, Chevron beat earnings per share estimates by three cents. However, the $2.18 EPS was 30% lower on a year-over-year (YOY) basis. The company's revenue also came in light. The $47.61 billion was less than the $49.05 billion expected by analysts.
