Chevron’s Hidden Cash Flow Play | Durham News

Durham News Today | 2 Min News | The Daily News Now! · Jul 6, 2026 · 2m

Chevron’s stock is getting a fresh spotlight as Wolfe Research upgrades it to “Outperform,” betting on its long-term cash flow potential despite recent oil price dips. The firm sees Chevron’s massive Guyana oil assets — especially the upcoming Uaru project — as a game-changer, poised to offset risks like expiring contracts in Kazakhstan. Plus, Chevron’s new 20-year deal with Microsoft to power a West Texas data center signals a bold pivot into clean energy infrastructure. With steady dividends and a resilient balance sheet, Wolfe believes Chevron is undervalued — and the earnings call could…