Chevron unveiled plans for off-grid natural gas energy parks in Texas to power hyperscale AI data centers without raising consumer electricity costs and highlighted record 2025 free cash flow growth (+35% YoY) despite a 15% oil price decline. The company also increased its quarterly dividend by 4%, marking its 39th consecutive annual hike, repurchased $3 billion of shares in the quarter, and reached record production through Tengiz, Ballymore and Whale project startups.