Chevron has started oil and gas production from a project in the U.S. Gulf of Mexico, the oil major said on Monday, bringing the company a step closer toward its goal of growing production from the ocean basin by 50% this year.
CVX and other companies exit Egypt's Red Sea oil blocks without finding any oil and gas, but remain committed to the growth of Egypt in the Mediterranean.
With the strength of the economy under scrutiny and uncertainties regarding sweeping changes in U.S. trade policy, oil and gas prices are struggling to find their footing at the start of 2025. Amid this turbulence, investors may be wondering which energy stocks are best positioned to weather this storm.
There are different segments of the broader energy sector, and each operates a little differently from the others. If you're a conservative dividend investor looking for an energy stock, you probably wouldn't want to put $2, let alone $2,000, into one of the higher-risk segments of the energy sector.
In the closing of the recent trading day, Chevron (CVX) stood at $137.87, denoting a +1.85% change from the preceding trading day.
Shares of oil and gas major stocks ExxonMobil (XOM 3.89%), Chevron (CVX 3.39%), and ConocoPhillips (COP 4.23%) rallied on Thursday, up 3.8%, 3.4%, and 4.2%, respectively, as of 2 p.m. ET.
The good news for investors seeking high-yield dividend stocks to buy right now is that there are a number of top options for investors to consider in the high-yield dividend world.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
CVX and XOM are aligning their Permian strategies with broader low-carbon goals but are taking slightly different paths to get there.
Chevron Corporation's stock has dropped from $168 to around $135, reflecting a forward P/E of 13.6x and forward EV-to-EBITDA, but faces structural risks. Chevron's dependence on oil prices and macroeconomic volatility pose significant risks, including potential tariffs, economic slowdowns, and uncertain demand and supply dynamics. Despite risks, Chevron expects $10 billion additional free cash flow by 2026 through new fields and efficiency improvements, ensuring strong shareholder returns.
Bank of America, Chevron, Stryker, Value Line and Sypris are included in this Analyst Blog.
Chevron Corporation maintains stability amid market volatility through strategic inventory management, strong balance sheet, and high cash inflows, justifying a bullish outlook. Despite oil price volatility and geopolitical tensions, Chevron's Q4 2024 performance remained resilient, with stable natural gas prices and efficiency boosting profitability. Chevron's rebounding cash, low debt levels, and new efficient production techniques, particularly in the Permian Basin, position it well for future growth and expansion.