Chevron (CVX) closed at $161.97 in the latest trading session, marking a +0.46% move from the prior day.
Exxon Mobil's legal bid to stop Chevron's proposed $53 billion acquisition of Hess rests on whether the transaction would involve a change of control of Hess' prize subsidiary in Guyana, according to people knowledgeable about the argument.
We believe that Chevron Corporation (NYSE: CVX) is a better pick than its industry peer – Exxon Mobil (NYSE: XOM). CVX stock trades at a slightly higher multiple of 1.5x sales, versus almost 1.3x revenues for XOM - and we think this valuation gap will likely expand further over the coming years in favor of CVX.
QatarEnergy has signed a deal to acquire a 20% interest in a production sharing contract for an offshore block in Suriname, it said on Thursday, boosting its participation in the nascent oil-producing country.
If you are a passive income investor like me, you will always be on the lookout for high-yield dividend stocks. However, not all stocks are made equal.
Chevron and Mastercard can be important key strategic components to help you increase your wealth in uncertain economic times. While Chevron exhibits an attractive Dividend Yield [FWD] of 4.18%, Mastercard has an impressive 10-Year Dividend Growth Rate [CAGR] of 21.88%. Both companies have strong balance sheets and significant competitive advantages, and including both in your portfolio allows you to combine dividend income and growth.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Equinor is shifting toward a more balanced portfolio of fossil fuels and renewable assets. ConocoPhillips is aiming to generate enough free cash flow to repurchase $20 billion in stock.
Recently, Zacks.com users have been paying close attention to Chevron (CVX). This makes it worthwhile to examine what the stock has in store.
This small-cap oil stock invests in productive wells using a proprietary system and management experience. It uses hedging to protect its dividend, which currently yields 8.7%.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Chevron (CVX) have what it takes?
The U.S. Federal Trade Commission plans to delay its decision whether to block Chevron's $53 billion takeover of Hess until after an arbitration case with Exxon Mobil is settled, Bloomberg News reported on Thursday.