Noor Ul Ain Rehman
Sun, March 15, 2026 astatine 1:36 PM CDT 2 min read
Chevron Corporation (NYSE:CVX) besides received a standing update from Piper Sandler connected March 12, with the steadfast adjusting the terms people connected the banal to $242 from $179 and reiterating an Overweight standing connected the shares. Piper said that though the duration of outages successful the Middle East remains highly uncertain, the firm’s commodity macro team, led by Global Energy Strategist Jan Stuart, expects the 2026 crude balances to tighten by astir 2.0 Mb/d compared to anterior expectations.
Chevron Corporation (NYSE:CVX) provides lipid and state vigor solutions, including crude lipid and earthy gas, the manufacture of proscription fuels, petrochemicals, lubricants, and additives, and the improvement of technologies that boost concern and the industry. Its operations are divided into the Upstream and Downstream segments.
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