5 Best Performing Dow Stocks So Far in 2026

2. Chevron Corporation (NYSE:CVX)

Year-to-date return as of April 16: 20.69%

On April 14, 2026, Reuters reported that the international wing of Venezuelan oil giant Suelopetrol said that it had not received information of any shareholder meeting or decision permitting Chevron Corporation (NYSE:CVX) to increase its interest in a crucial Venezuelan project to 49%. The company reached agreements with Venezuelan authorities to develop its oil cooperation with PDVSA in the Orinoco Belt and increased its stake in another project to 49%, up from 35.8%. Suelopetrol stated that it owns 1% of the Petroindependencia project and might expand to 3% if the structure changes. It also asked for complete disclosure of the share transfer and existing ownership.

The corporation stated that recent decisions have raised corporate governance concerns, stressing openness and legal clarity. Chevron Corporation (NYSE:CVX) stated that it follows all applicable laws and has directed inquiries to PDVSA’s subsidiary CVP and Venezuelan authorities. Officials did not reply to calls for comment, and experts said that uncertain repayment arrangements may exclude some partners as Venezuela pursues capital inflows.

Chevron Corporation (NYSE:CVX) provides oil and gas energy solutions. It supplies crude oil and natural gas, manufactures transportation fuels, lubricants, petrochemicals, and additives, and creates innovations that benefit business and industry. It operates in two segments: upstream and downstream.