Josh Brown, CEO at Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to detail his latest portfolio moves as the market sinks.
CVX announces 600 job cuts at former San Ramon headquarters, aiming to streamline operations and reduce costs as part of its broader restructuring strategy.
The energy sector has climbed year to date, in contrast to the broader market's decline, driven by leaders like ExxonMobil, Chevron and Devon Energy.
The first quarter was rough, marking the worst since 2022. Growth stocks struggled, while value stocks and energy outperformed. I've selected top dividend stocks with strong business models, solid balance sheets, and attractive valuations. These picks offer stability and long-term upside. Despite market challenges, these stocks stand out for their resilience, growth potential, and income reliability. I see great opportunities at current prices.
Rising energy demand from AI-driven data centers is expected to boost natural gas consumption, strengthening Chevron's revenue potential.
Warren Buffett's company, Berkshire Hathaway (BRK.A 0.10%) (BRK.B 0.12%), has invested nearly $290 billion into a portfolio of publicly traded companies. Oil giant Chevron (CVX 0.69%) ranks in the top five.
In the latest trading session, Chevron (CVX) closed at $168.52, marking a +0.74% move from the previous day.
CVX's subsidiary Chevron U.S.A. Inc. announces the sale of 70% of East Texas gas assets to TGNR for $525 million, while keeping a 30% stake in a joint venture.
Investing in this market isn't fun. Geopolitical tensions are escalating to levels not seen in decades, global trade relationships face unprecedented strain, and persistent inflation continues eroding purchasing power.
Chevron has agreed to sell 70% interest in its East Texas gas assets for $525 million, as part of the U.S. energy company's strategy to optimize its portfolio.
TG Natural Resources LLC (TGNR), co-owned by Tokyo Gas and Castleton Commodities International, has bought a 70% stake in the east Texas gas assets from Chevron for $525 million, the company said on Tuesday, as it expands its U.S. gas business.
Explore the exciting world of Chevron (CVX 1.01%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!