Two tankers chartered by producer Chevron carrying Venezuelan crude reached U.S. waters on Thursday, marking the first U.S. imports of the South American country's oil following a new license granted by Washington last month, vessel tracking data showed.
The recent decision by the OPEC+ nations to increase oil production is amplifying concerns about an oversupplied market. Adding to that belief is the growing hope that a peace deal, or at least a ceasefire, will be reached between Russia and Ukraine.
CVX re-enters Iraq with a deal to develop the Nassiriya and Balad oilfields, unlocking reserves and boosting energy diversification.
CVX sharpens its LNG edge with massive Gorgon and Wheatstone projects, boosting efficiency and steady revenues from Asia demand.
CVX ships first Venezuelan crude cargoes to the United States, marking a cautious reopening of trade flows under strict sanctions rules.
Berkshire Hathaway increased its Chevron stake in Q2 while trimming other top holdings, signaling strong institutional confidence. The confidence is well placed given the growth catalysts afoot at Chevron. The completion of the Hess acquisition as announced in its Q2 earnings report will boost long-term growth and free cash flow generation.
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CVX and Exxon Mobil approach major shale gas deals in Algeria, aiming to boost output, strengthen Europe's energy security and expand global influence.
On 8/19/25, Chevron will trade ex-dividend, for its quarterly dividend of $1.71, payable on 9/10/25. As a percentage of CVX's recent stock price of $155.16, this dividend works out to approximately 1.10%, so look for shares of Chevron to trade 1.10% lower — all else being equal — when CVX shares open for trading on 8/19/25.
CVX's impressive output in the Permian Basin boosts U.S. output and underpins its push for sustainable shale growth.
Geopolitical tensions don't stop at the current trade tariff negotiations between the United States and its major trading partners; other complications are now brewing in the energy markets as well. New measures have been implemented to prevent countries from purchasing oil from Russia in an effort to de-escalate the ongoing war with Ukraine.
Chevron delivered decent Q2'25 results, beating earnings estimates, driven by record production and robust free cash flow, despite lower petroleum prices. The completed Hess acquisition unlocks high-potential Guyana assets, providing a powerful catalyst for future earnings and free cash flow growth. Chevron achieved production in the Permian exceeding 1 million barrels of oil equivalent per day.