CVX, PSX and VLO may benefit as Trump signals the possibility of U.S. access to Venezuela's heavy crude, improving prospects for producers and complex refiners.
Chevron and private equity group Quantum Energy Partners are teaming up on a bid to buy the international assets of sanctioned Russian oil company Lukoil which are valued at $22 billion, the Financial Times reported on Wednesday.
Chevron (CVX) reached $156.54 at the closing of the latest trading day, reflecting a -4.46% change compared to its last close.
Chevron (CVX) stock has achieved a 5-day winning streak, accumulating gains of 9.2% during this time. The company's market capitalization has increased by approximately $27 billion over the past 5 days, now totaling $329 billion.
The energy sector saw a sharp bid on Monday, Jan. 5, following developments tied to Venezuela's oil industry and updated U.S. policy direction. Headlines over the weekend highlighted plans to re-engage U.S. companies in Venezuela's energy infrastructure, which has suffered from years of sanctions and operational constraints.
CVX heads into 2026 with falling earnings forecasts and a stretched valuation as oil prices hover below $60.
I'm bullish on Chevron Corporation after the U.S. intervention in Venezuela shifted investor focus from fundamentals to who will have the biggest upside if the country's oil sector resets. Looking at the past, Venezuela was
After the news that the United States had captured and removed Venezuelan President Nicolas Maduro and his wife, investor eyes are focused on the country's crippled oil sector, which will now be restructured under the watchful eye of the United States.
Venezuela's main oil ports on Tuesday entered their fifth day without delivering crude for state-run PDVSA's customers in Asia, which are the OPEC country's main buyers, shipping data showed, as the U.S. presses the nation through an oil embargo.
Lockheed Martin highlights how U.S. action in Venezuela may shift market dynamics, with defense, tech and healthcare stocks emerging as key beneficiaries.
Chevron (CVX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
The energy sector is catching investors' attention as we begin 2026, with crude oil prices spiking following the capture and extradition of Venezuelan President Nicolas Maduro to the United States.