The Venezuela Gamble: Trump's Oil Play Pays Off for Chevron Chevron, the second largest US oil and gas producer by market capitalization, has emerged as one of the top gainers in the Dow Jones universe.
While rising oil prices and increasing production levels have contributed to its success, the company's savvy positioning in a volatile market is also a key factor.
The January takeover of Venezuela by President Donald Trump has given Chevron increased access to Venezuelan crude oil, allowing it to increase its production levels.