Chevron resumes oil drilling in Kern CountyChevron 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 CountyChevron 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 CountyChevron resumes oil drilling in Kern County” scores 12 out of 100. The score uses 1 sources.