Recently, Zacks.com users have been paying close attention to Chevron (CVX). This makes it worthwhile to examine what the stock has in store.
Chevron Corp. NYSE: CVX stock has been surprisingly volatile since it announced earnings on May 2. Supply and demand are under pressure from the current administration's tariff policies.
While it was fun while it lasted, as we have discussed before, inevitably, after vicious sell-offs like the one we saw from the market peak in February, which pushed the S&P 500 and the Nasdaq quickly into a brief bear market 20% decline territory, there is the potential for stunning bear market rallies like the one we have witnessed.
Despite the volatility in the broader stock market, the S&P 500 index (^GSPC -0.64%) is still offering investors a tiny dividend yield of just 1.3%. You can do much better than that with companies like NextEra Energy (NEE -1.49%), Chevron (CVX -2.09%), and Enbridge (ENB -0.52%), which offer yields as high as 5.8%.
Exxon Mobil and Chevron beat first-quarter estimates for earnings but lag the same for revenues.
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) and Chevron Corporation (NYSE:CVX, ETR:CHV) traded lower ahead of Monday's opening bell, tracking a sharp decline in oil prices after OPEC+ agreed to a significant supply boost. Brent crude fell as much as 4.6% before trimming losses, amid concerns the alliance's output increase could flood a weakening market already rattled by US–China trade tensions.
Investors seeking passive income have plenty of alternatives. One of the best strategies is buying stocks that offer attractive dividends.
Chevron CEO Mike Wirth argued against the move over concerns about energy security and growing Chinese influence in the Western Hemisphere.
Chevron CEO Mike Wirth issued a stark warning on the energy and national security concerns stemming from the company's possible departure from Venezuela.
Warren Buffett is known as the Oracle of Omaha because of the long-term success of Berkshire Hathaway (BRK.A 1.99%) (BRK.B 1.76%), his investment vehicle. With Wall Street watching his every move, investors often just buy whatever Buffett owns.
Oil price volatility will always affect Chevron 's (CVX 1.61%) financial results. That was evident in the first quarter as its earnings fell compared to the year-ago period.
Chevron Corporation (NYSE:CVX ) Q1 2025 Earnings Conference Call May 2, 2025 11:00 AM ET Company Participants Jake Spiering - Head, IR Mike Wirth - Chairman and CEO Eimear Bonner - CFO Conference Call Participants Neil Mehta - Goldman Sachs Jean Ann Salisbury - Bank of America Biraj Borkhataria - RBC Doug Leggate - Wolfe Research Lloyd Byrne - Jefferies Ryan Todd - Piper Sandler Paul Cheng - Scotiabank Stephen Richardson - Evercore ISI Josh Silverstein - UBS Lucas Hermann - BNP Paribas Roger Read - Wells Fargo Phillip Jungwirth - BMO Betty Jiang - Barclays Devin McDermott - Morgan Stanley John Royall - JPMorgan Jason Gabelman - TD Cowen Bob Brackett - Bernstein Research Operator Good morning. My name is Katie, and I'll be your conference facilitator today.