Soumya Eswaran
Thu, May 7, 2026 astatine 6:46 AM CDT 3 min read
In its first-quarter 2026 capitalist letter, Aristotle Value Equity Strategy highlighted Chevron Corporation (NYSE:CVX) arsenic a recently added psoition. Chevron Corporation (NYSE:CVX) is simply a starring integrated vigor and chemicals institution that operates done Upstream, Downstream, and All Other segments. On May 6, 2026, Chevron Corporation (NYSE:CVX) closed astatine $185.16 per share. One-month instrumentality of Chevron Corporation (NYSE:CVX) was -2.73%, and its shares gained 35.11% implicit the past 52 weeks. Chevron Corporation (NYSE:CVX) has a marketplace capitalization of $366.06 billion.
Aristotle Value Equity Strategy stated the pursuing regarding Chevron Corporation (NYSE:CVX) successful its Q1 2026 capitalist letter:
"Chevron Corporation (NYSE:CVX): Headquartered successful Houston, Texas, Chevron is 1 of the world’s largest integrated vigor companies, with operations spanning upstream exploration and production, downstream refining and marketing, and chemicals. The institution traces its roots backmost to the 1911 breakup of Standard Oil and contiguous produces astir 4 cardinal barrels of lipid equivalent per day.
While Chevron operates crossed the afloat worth chain, astir 85% of net are generated from upstream operations, reflecting its oil-leveraged portfolio. This upstream attraction is intentional and supported by a portfolio of low-cost, long-lived assets. The plus basal includes deepwater accumulation successful the Gulf of America and Guyana, a ample and advantaged Permian Basin position, long-lived accepted accumulation successful Kazakhstan, and liquefied earthy state projects successful Australia. Chevron besides maintains a beingness successful Venezuela, though it remains a comparatively tiny portion of its portfolio…” (Click present to work the afloat text)

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