Chevron: The Oil Giant Fueling the AI Revolution with Permian Gas – and has not stopped increasing its dividend for 35 years.

With a P/E ratio of 26e, the stock does not seem too expensive. The stock is consolidating again towards the GD200. There lies an entry opportunity.
Stephan Bank
S. Bank
Reading Time: 2 minutes

Chevron (CRV) is more than just an oil company – it is the physical energy infrastructure upon which the digital economy of the next decade will build. The Permian Basin oil field supplies the natural gas that no data center can replace: reliable, scalable, on-demand, and tailored to need. This is precisely what makes Chevron structurally important in a world where AI workloads are redefining the electricity demand in the USA. On Monday (June 22), Chevron, through its subsidiary Energy Forge One LLC, signed a 20-year power purchase agreement...

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