The capture of Venezuelan President Nicolás Maduro led to a surge in energy markets, with Chevron’s stock jumping over 5% on Jan. 5. Chevron, the only major U.S. oil producer with operations in Venezuela, is poised to benefit from potential regime changes and sanctions lifting, unlocking growth opportunities and boosting cash flows.

Chevron reported strong Q3 earnings, exceeding revenue expectations despite lower crude oil prices impacting profitability. The company achieved record oil production, with downstream operations showing significant improvement. Analysts foresee short-term earnings pressure but maintain a “Moderate Buy” rating on Chevron stock with a mean price target of $169.26.

Read more at Barchart: Is Chevron Stock a Buy, Sell, or Hold for January 2026?