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Chevron raises 2026 dividend as higher oil prices lift earnings

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Sig2.45Sen+4.20Env-1.10Soc+0.30Gov+0.70

Chevron and ExxonMobil reported strong Q2 earnings and increased dividends for 2026, but Chevron leaned more on acquisitions such as Hess and new projects including a power deal with Microsoft. Brent crude rose to around $95 amid Strait of Hormuz tensions, supporting cash flow and dividend capacity. The market sees differing growth paths despite a tight oil backdrop.

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