Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to explain why he's buying Chevron at these levels. Jim Lebenthal explains why Exxon Mobil is his top energy pick.
CVX CEO Mike Wirth lobbies Washington for a 60-day extension to wind down operations in Venezuela after Trump revokes its oil pumping license.
President Donald Trump indicated he is open to extending Chevron's license to produce oil in Venezuela during a meeting with oil executives Wednesday, according to The Wall Street Journal. The Trump administration had given Chevron until April 3 to wind down its operations.
Warren Buffett, widely regarded as the greatest investor of all time, has amassed generational wealth for himself and Berkshire Hathaway ( NYSE:BRK-A )( NYSE:BRK-B ) shareholders by following a simple investing strategy: investing in high-quality companies at fair prices and holding for the long term.
The Trump administration is considering a plan to extend Chevron's license to pump oil in Venezuela and impose financial penalties on other countries that do business with the South American nation, the Wall Street Journal reported on Thursday, citing people familiar with the discussions.
WASHINGTON—The Trump administration is considering a plan to extend Chevron's license to pump oil in Venezuela and impose financial penalties on other countries that do business with the South American nation, according to people familiar with the discussions.
In late 2023, Chevron (CVX 1.98%) made a bold move by agreeing to acquire Hess (HES 2.38%) for $53 billion. The transaction will enhance and extend the company's production and free cash flow growth outlook into the next decade.
U.S. oil giant Chevron is lobbying Washington to allow for more time to wind down its operations in Venezuela after President Donald Trump's administration revoked the company's license to pump oil in the country, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
CVX accelerates data center power plans with natural gas and renewable energy, aiming to meet U.S. electricity demands by 2027-2028.
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.
From tariffs to cuts in government spending, American markets are facing significant uncertainty, and some investors fear a recession could be on the horizon. While the future outlook remains uncertain, some investors are taking current dips in pricing as an opportunity to add sometimes volatile energy stocks to their portfolios.
Energy usage at data centers is already immense, and i t will be even higher in the future because AI requires a tremendous amount of computing power. That's fueling the need for more electricity in the country to power AI data centers.