Chevron Advancing Microsoft Natural Gas Project Despite Texas Data Center Clouds
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This report is about natural gas and AI and big tech.
Directly affected
Indirectly affected
- UNG United States Natural Gas Fund-17.0% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.
- XLE Energy Select Sector SPDR+8.9% 30d
Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.
- QQQ Invesco QQQ-3.3% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “data center” (AI and big tech) in this story.
- LNG Cheniere Energy+14.1% 30d
Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.
- EQT Eqt+3.2% 30d
Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.
- KMI Kinder Morgan+4.8% 6d
Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.
- WMB The Williams Companies
The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.
- GOOGL Alphabet-20.6% 30d
Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “data center” (AI and big tech) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| CVX | +0.78% | -1.37% | base | +1.82% | -1.43% | -2.72% | after close |
| MSFT | -1.13% | +0.22% | base | -1.27% | -3.38% | -3.93% | after close |
| UNG | +4.41% | +4.90% | base | -1.14% | -1.91% | -1.91% | after close |
| XLE | +0.88% | -0.71% | base | +1.87% | -2.12% | — | after close |
| QQQ | -1.57% | +0.81% | base | -3.48% | -4.78% | -4.32% | after close |
| LNG | -6.38% | -6.01% | base | +3.59% | -2.30% | -2.33% | after close |
| EQT | +1.96% | +3.19% | base | +1.52% | +0.55% | +1.17% | after close |
| KMI | +1.37% | -0.31% | base | -0.31% | -3.66% | -3.02% | after close |
| WMB | -4.27% | -1.06% | base | -0.68% | -4.92% | -2.69% | after close |
| GOOGL | +12.93% | +13.06% | base | -1.29% | -1.59% | -1.62% | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Chevron Advancing Microsoft Natural Gas Project Despite Texas Data Center Clouds Natural Gas Intelligence
Source: Natural Gas Intelligence
Energy
| Company | When | Move | Status |
|---|---|---|---|
| CVX | that day | +1.82% | final price |
| CVX | the next day | -1.43% | final price |
| CVX | two days later | -2.72% | still updating |
| CVX | three days earlier | -1.37% | final price |
| CVX | five days earlier | +0.78% | final price |
| EQT | that day | +1.52% | final price |
| EQT | the next day | +0.55% | final price |
| EQT | two days later | +1.17% | still updating |
| EQT | three days earlier | +3.19% | final price |
| EQT | five days earlier | +1.96% | final price |
| GOOGL | that day | -1.29% | final price |
| GOOGL | the next day | -1.59% | final price |
| GOOGL | two days later | -1.62% | still updating |
| GOOGL | three days earlier | +13.06% | final price |
| GOOGL | five days earlier | +12.93% | final price |
| KMI | that day | -0.31% | final price |
| KMI | the next day | -3.66% | final price |
| KMI | two days later | -3.02% | still updating |
| KMI | three days earlier | -0.31% | final price |
| KMI | five days earlier | +1.37% | final price |
| LNG | that day | +3.59% | final price |
| LNG | the next day | -2.30% | final price |
| LNG | two days later | -2.33% | still updating |
| LNG | three days earlier | -6.01% | final price |
| LNG | five days earlier | -6.38% | final price |
| MSFT | that day | -1.27% | final price |
| MSFT | the next day | -3.38% | final price |
| MSFT | two days later | -3.93% | still updating |
| MSFT | three days earlier | +0.22% | final price |
| MSFT | five days earlier | -1.13% | final price |
| QQQ | that day | -3.48% | final price |
| QQQ | the next day | -4.78% | final price |
| QQQ | two days later | -4.32% | still updating |
| QQQ | three days earlier | +0.81% | final price |
| QQQ | five days earlier | -1.57% | final price |
| UNG | that day | -1.14% | final price |
| UNG | the next day | -1.91% | final price |
| UNG | two days later | -1.91% | still updating |
| UNG | three days earlier | +4.90% | final price |
| UNG | five days earlier | +4.41% | final price |
| WMB | that day | -0.68% | final price |
| WMB | the next day | -4.92% | final price |
| WMB | two days later | -2.69% | still updating |
| WMB | three days earlier | -1.06% | final price |
| WMB | five days earlier | -4.27% | final price |
| XLE | that day | +1.87% | final price |
| XLE | the next day | -2.12% | final price |
| XLE | three days earlier | -0.71% | final price |
| XLE | five days earlier | +0.88% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 16 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 37 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 58 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold Microsoft (MSFT) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 28 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Lisa McClain bought Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 30 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael Rulli sold Microsoft (MSFT), worth $1,001 - $15,000 on 28 Sep 2026. That is 32 days before publication. Filed 2 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold EQT (held by a spouse), worth $1,001 - $15,000 on 27 Aug 2026. That is 64 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought EQT, worth $1,001 - $15,000 on 17 Aug 2026. That is 74 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold EQT (held by a spouse), worth $1,001 - $15,000 on 14 Aug 2026. That is 77 days before publication. Filed 14 Oct 2026. View the filing.
- Sen. Alan Armstrong sold Williams Companies (WMB) (jointly held), worth $250,001 - $500,000 on 8 Sep 2026. That is 52 days before publication. Filed 22 Oct 2026. View the filing.
- Sen. Alan Armstrong bought Williams Companies (WMB) (jointly held), worth $15,001 - $50,000 on 20 Aug 2026. That is 71 days before publication. Filed 17 Sep 2026. View the filing.
- Sen. Alan Armstrong bought Williams Companies (WMB) (jointly held), worth $1,001 - $15,000 on 19 Aug 2026. That is 72 days before publication. Filed 17 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid the energy case looks
12 out of 100Price not final
“Chevron Advancing Microsoft Natural Gas Project Despite Texas Data Center Clouds” scores 12 out of 100. The score uses 1 sources. The price is not final yet.