Chevron Just Secured a Major 20-Year Contract to Supply Power for Microsoft’s $7 Billion Data Center in Texas. What That Means for CVX Stock.

Written on 06/23/2026
Ebube Jones

Chevron secured a 20-year agreement to supply natural-gas-fired power for Microsoft’s planned $7 billion data center project in Reeves County, Texas, with operations expected to begin in 2028.Chevron Corp_ HQ photo- by jewsyte via iStock
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