Chevron beat Wall Street earnings estimates in the fourth quarter of 2025, with record oil production offsetting lower crude prices. The company could increase production in Venezuela by 50% over the next 18 to 24 months following a U.S. military intervention. Chevron earned $1.52 per share, exceeding the expected $1.45. Wall Street sees Chevron as poised to benefit from the situation in Venezuela, unlike competitors like ExxonMobil.

Read more at CNBC: Chevron (CXV) Q4 2025 earnings