Chevron Has Surged Over 14% in 2026 and Still Yields 4.1%. Is It Still Worth Buying for Passive Income Now?
This oil supermajor's stock has outperformed the market in 2026. What's the best approach to take now?
Overview
While the S&P 500 is up 9.3% since the start of 2026, Chevron (NYSE: CVX) stock has outpaced the index, soaring 14.5% as of this writing. Even with the strong performance, shares of the oil supermajor still offer investors a forward dividend yield of more than 4%.
But is it too late for those with Chevron stock on their watch lists to power their portfolios with its shares? Let's take a closer look at what's driven the stock's performance and if it's worth starting a position.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.