Dividend investors tend to prefer boring businesses, which can lead some to overlook volatile sectors like energy. That, however, would mean missing out on stocks that could help make you richer, like energy giant Chevron (CVX -1.71%).
CVX plans to boost oil production in Argentina's Vaca Muerta shale to 30,000 bpd by end-2025, underscoring its commitment to shale expansion.
Chevron plans a balanced refinery portfolio, with focus on petrochemicals and heavy oil upgrading in Korea.
Chevron plans to increase oil production in Argentina's Vaca Muerta shale formation to 30,000 barrels per day by the end of the year, the company's Argentina country manager Ana Moneto said on Tuesday.
Chevron is expanding its natural gas empire, from Australia to the U.S. Gulf, to deliver affordable, reliable energy worldwide.
CVX enters a deal with Angola's ANPG to explore Block 33/24, enhancing its deepwater portfolio with advanced technology and strategic regional growth.
Zacks.com users have recently been watching Chevron (CVX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
If any investor has stood the test of time, it is Warren Buffett, and with good reason.
Exxon Mobil Corporation XOM and Chevron Corporation CVX are two integrated energy giants. In the past year, CVX has gained 11.4% against XOM's 2.9% decline.
Even the best-run energy companies can't avoid the impact that oil and natural gas prices have on the top and bottom lines. But they can take steps to mitigate the impact of commodity volatility and to ensure they have the financial wherewithal to survive the industry's frequent swings.
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.