Insider activity
Alana K. Knowles, who serves as controller at Chevron Corporation, completed a sale of 3,200 shares on January 28, 2026, at $170.00 per share, bringing the total proceeds from the sale to $544,000. On that same date Knowles exercised stock options to acquire 3,200 shares at an exercise price of $132.69, for a cash outlay of $424,608.
The options exercised were originally granted on January 26, 2022. Those options vested in three equal portions on January 31 in each of 2023, 2024, and 2025, according to the filing. The sale was carried out under a Rule 10b5-1 trading arrangement that Knowles adopted on February 21, 2025.
Post-transaction holdings and recent purchases
After these transactions, Knowles is reported to directly hold 1,207 shares of Chevron common stock. She also holds 12,963 shares indirectly through participation in a 401(k) plan. In addition, filings show that between January 15 and January 28, 2026, Knowles purchased 19 shares under the Chevron Employee Savings Investment Plan.
Company results and operational notes
Chevron reported fourth-quarter 2025 earnings with diluted earnings per share of $1.52, outpacing analysts' estimates of $1.45. Revenue for the quarter came in at $46.87 billion, which was below the consensus projection of $47.15 billion.
During the company's conference call, Chevron's chief executive outlined operational developments. He said two mooring berths at the Caspian Pipeline Consortium have returned to service, while a third berth is undergoing major maintenance and is expected to come back online later in the year. The CEO also discussed a power outage at the Tengiz oil field, stating the interruption was caused by a mechanical issue rather than sabotage, though the investigation remains open.
Market response and analyst activity
The filing notes that no analyst firms issued immediate upgrades or downgrades following the earnings release and the operational updates. Chevron's strategic commentary and the quarter's mixed financial results remain items investors are monitoring closely.