Canadian Natural Resources Limited, Chevron and Kinder Morgan are included in this Analyst Blog.
Energy stocks as a whole delivered an underwhelming performance in 2025. The average one in the S&P 500 has only managed to eke out a small gain (the Energy Select Sector SPDR Fund -- an ETF that tracks energy stocks in the S&P 500 -- is only up about 1% on the year).
This past year has been a relatively quiet one for the oil market. After a brief bounce, crude prices are on track to end 2024 in the low $70s -- right around where they began the year.
CVX reaches a milestone with the first gas production from Angola's Sanha Lean Gas Connection, enhancing energy security, diversifying the economy and boosting its global market position.
CVX and Woodside reach an asset swap deal to restructure their portfolios, aligning with their focus areas.
Chevron (CVX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Chevron's stock is oversold with a 5% yield, making it an attractive buy for passive income investors amid market jitters and hawkish Fed stance. Chevron's growth in the Permian Basin and potential for record production in 2025 offset crude oil price declines, supporting profit growth. Chevron's RSI below 30 and breaking major moving averages indicate significant rebound potential, presenting a technical buying opportunity.
Chevron (CVX) closed at $142.97 in the latest trading session, marking a +0.08% move from the prior day.
CVX signs a 20-year LNG purchase deal with Energy Transfer for the Lake Charles terminal, securing 2 million metric tons annually.
The election results bring a new phase for the economy. While inflation has eased, prices remain high, and tackling them will be a challenge for President Trump. Despite rising bond yields and a tough economic environment, the market presents opportunities, especially in high-quality dividend stocks outside of tech's dominance. The market's current challenges create an ideal environment for strategic stock-picking, particularly in dividend growth stocks that come with moats, pricing power, healthy balance sheets, and stability.
Energy Transfer (ET 3.23%) has long sought to convert its existing Lake Charles LNG import and regasification facility to a liquified natural gas (LNG) export terminal. It started working on that project about a decade ago.
A couple of years ago, oil prices soared following Russia's invasion of Ukraine, and producers capitalized on the opportunity. With profits at their peak, companies like Chevron (CVX 1.20%) used that windfall to pay down debt and reward shareholders with generous dividends and massive share buybacks.