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Stockreport

Chevron Taps AI Power Demand With West Texas Gas Plant Talks [Yahoo! Finance]

Chevron Corporation (CVX)  More Company Research Source: Yahoo! Finance
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Chevron (NYSE:CVX) is in exclusive talks with Microsoft and Engine No. 1 to build a US$7b, 2,500 MW natural gas power plant in West Texas. The facility is intended to supply electricity to a large AI data center campus, tying Chevron's gas business directly to AI and cloud demand. Project plans center on using associated gas and long-term contracts to support power generation for one of the world's largest technology companies. For Chevron, this project connects its core natural gas operations to a fast growing end market as power hungry AI data centers seek reliable energy. The move comes as traditional power grids face pressure from rising computing loads and as large technology platforms look for dedicated supply to back their cloud and AI ambitions. Investors watching NYSE:CVX may treat this potential plant as a test case for how oil and gas producers can link gas output to long term power offtake tied to digital infrastructure. If the project advances as outlined, simila [Read more]
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Stockreport

Chevron Taps AI Power Demand With West Texas Gas Plant Talks [Yahoo! Finance]

Chevron Corporation  (CVX) 
More Company Research Source: Yahoo! Finance
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Chevron (NYSE:CVX) is in exclusive talks with Microsoft and Engine No. 1 to build a US$7b, 2,500 MW natural gas power plant in West Texas. The facility is intended to supply electricity to a large AI data center campus, tying Chevron's gas business directly to AI and cloud demand. Project plans center on using associated gas and long-term contracts to support power generation for one of the world's largest technology companies. For Chevron, this project connects its core natural gas operations to a fast growing end market as power hungry AI data centers seek reliable energy. The move comes as traditional power grids face pressure from rising computing loads and as large technology platforms look for dedicated supply to back their cloud and AI ambitions. Investors watching NYSE:CVX may treat this potential plant as a test case for how oil and gas producers can link gas output to long term power offtake tied to digital infrastructure. If the project advances as outlined, simila [Read more]
IMPACT SNAPSHOT
EVENT TIME:
CVX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS