Chevron: Buy for 2026 If You Believe Higher-for-Longer Oil
Chevron's Q2 beat, massive free cash flow and shareholder returns, plus strategic moves in Iraq and a supportive OPEC+ backdrop, make it a compelling long-term trade for a higher-for-longer oil price environment. Entry $198.45, target $230.00, stop $180.00; horizon 180 trading days.