Chevron resumes oil drilling in Kern County
Published . Updated .
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This report is about oil and oilfield services.
Directly affected
- CVX Chevron+4.2% 30d
Named in this report.
Indirectly affected
- USO United States Oil Fund-0.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- OIH VanEck Oil Services ETF+3.1% 30d
VanEck Oil Services ETF: it holds drilling and oilfield-service firms. Linked by “drilling” (oilfield services) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- SLB Slb N.V-3.7% 30d
Slb N.V (oil and gas field services): drillers get more work when oil companies spend more. Linked by “drilling” (oilfield services) in this story.
- COP ConocoPhillips+6.2% 19d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- HAL Halliburton+1.2% 30d
Halliburton (oil and gas field services): drillers get more work when oil companies spend more. Linked by “drilling” (oilfield services) in this story.
- BKR Baker Hughes-20.1% 30d
Baker Hughes (oil and gas field machinery and equipment): drillers get more work when oil companies spend more. Linked by “drilling” (oilfield services) 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 | +7.15% | +2.05% | base | after close | after close | after close | after close |
| USO | +5.62% | -2.06% | base | after close | after close | after close | after close |
| XLE | +9.12% | +3.08% | base | after close | after close | after close | after close |
| OIH | +9.05% | +2.76% | base | after close | after close | after close | after close |
| XOM | +8.37% | +2.16% | base | after close | after close | after close | after close |
| SLB | +4.85% | +3.29% | base | after close | after close | after close | after close |
| COP | +7.74% | +0.44% | base | after close | after close | after close | after close |
| HAL | +8.72% | +3.61% | base | after close | after close | after close | after close |
| BKR | +10.85% | +4.21% | base | after close | after close | after close | 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 resumes oil drilling in Kern County 23ABC News Bakersfield
Source: 23ABC News Bakersfield
Energy
| Company | When | Move | Status |
|---|---|---|---|
| BKR | three days earlier | +4.21% | final price |
| BKR | five days earlier | +10.85% | final price |
| COP | three days earlier | +0.44% | final price |
| COP | five days earlier | +7.74% | final price |
| CVX | three days earlier | +2.05% | final price |
| CVX | five days earlier | +7.15% | final price |
| HAL | three days earlier | +3.61% | final price |
| HAL | five days earlier | +8.72% | final price |
| OIH | three days earlier | +2.76% | final price |
| OIH | five days earlier | +9.05% | final price |
| SLB | three days earlier | +3.29% | final price |
| SLB | five days earlier | +4.85% | final price |
| USO | three days earlier | -2.06% | final price |
| USO | five days earlier | +5.62% | final price |
| XLE | three days earlier | +3.08% | final price |
| XLE | five days earlier | +9.12% | final price |
| XOM | three days earlier | +2.16% | final price |
| XOM | five days earlier | +8.37% | 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 24 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 45 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 66 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 24 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 68 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 73 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 75 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 78 days before publication. Filed 8 Oct 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 100
“Chevron resumes oil drilling in Kern County” scores 12 out of 100. The score uses 1 sources.