CVX vs SHEL — which stock performed better?

Chevron (CVX) versus Shell (SHEL), Energy, on 2026-10-13.

Result

Chevron (CVX) performed better on 2026-10-13. CVX moved 0.410%, SHEL moved 0.340%.

Why these two companies

Brent crude jumped roughly 2% to near $106.80 a barrel on Monday, October 12, 2026 after drone and tanker attacks near Saudi Arabia and the Strait of Hormuz, and Shell, Chevron and BP were simultaneously working to restore Gulf of Mexico output after Hurricane Isaias made landfall on Saturday, October 10. That makes Chevron and Shell, the two integrated oil majors named directly in the day's coverage, a timely head-to-head on how a US supermajor and a European-listed supermajor absorb the same supply shock differently.

The research

Chevron and Shell are both giant oil and gas companies that find, produce, refine and sell energy products around the world, with Shell additionally being the biggest global trader of liquefied natural gas. Investors drawn to Chevron often point to its lower exposure to European policy swings, strong US refining and Permian Basin growth, and its newly added Guyana production. Investors drawn to Shell often point to its cheaper share price relative to its profits and a string of fresh 52-week highs this month, alongside a large buyback program.

On October 12, 2026, oil prices rose about 2% after attacks near Saudi Arabia and the Strait of Hormuz raised worries about supply, while a weekend hurricane in the Gulf of Mexico forced Chevron and Shell to pause and restart some production. Both stocks tend to move with oil prices, but their day-to-day swings have looked different lately: Chevron has moved a bit more cautiously with the overall market, while Shell's swings have recently gone against the grain of the wider market.

One thing worth keeping in mind for Chevron is that its share price already reflects high expectations for growth, which can make it more sensitive to any disappointment. One thing worth keeping in mind for Shell is that it is priced more cheaply, but a large share of its business sits outside the US, so currency and overseas policy decisions can matter to its results.

Neither company is scheduled to report earnings on game day, October 13, 2026 -- Shell reports on October 29 and Chevron on October 30, both before the US market opens, so today's price action is likely to be driven mostly by overall oil-market headlines rather than company-specific news.