Chevron Corporation (CVX)
Chevron: A Defensive Value Investment As Oil Drilling Falters Demand Concerns
Gasoline prices are down again due to global demand concerns. The average US retail gas price is $3.3, down from nearly $3.8 in May. This year, energy is the worst-performing sector, as investors view oil as cyclical after 2008 and 2020 despite its historically non-cyclical pattern. The Federal Reserve's surprisingly quick dovish shift and geopolitical should encourage investors to look toward supply side inflation hedges.
Striking Oil: Why Chevron Remains A Strong Buy
Chevron's massive reserves, efficient operations, and consistent production growth, especially in the Permian Basin, make it a top pick for dividend investors. The company offers strong shareholder returns with a 4.5% dividend yield and aggressive buybacks, translating to a 9.2% annualized yield. Trading at just 7.8x OCF, Chevron is undervalued with a 43% potential upside based on projected cash flow growth.
Chevron & Cyprus Resume Talks to Resolve Aphrodite Gas Field Dispute
CVX and Cyprus engage in talks on the Aphrodite gas field, aiming to secure development without further delays.
Chevron not looking to invest in building US LNG plants, official says
Chevron does not want to invest in the construction of U.S. LNG plants, as it is not the best use of the company's capital and it can easily sell its U.S. gas, said a top official on Thursday.
2 No-Brainer High-Yield Oil Stocks to Buy With $500 Right Now
Oil is a volatile commodity prone to dramatic, and sometimes swift, ups and downs. Chevron has proven its ability to weather the energy cycle while paying investors well along the way.
Chevron's CEO Slams Biden's LNG Policy Over Cost & Emissions Concerns
CVX's CEO Mike Wirth condemns the Biden LNG export pause, arguing it raises costs and emissions while delaying the transition from coal to cleaner natural gas.
Short Sellers Go After Chevron Stock: Still a Hold?
Despite increased shorting, CVX remains a quality business with a fairly impressive inventory of upstream development projects.
Chevron CEO hits Biden's natural gas policies, says fuel is crucial for AI
Chevron CEO Michael Wirth on Tuesday criticized U.S. President Joe Biden's administration for what he described as "attacks on the natural gas” industry and emphasized the crucial role of Permian natural gas in powering the rapid growth of artificial intelligence (AI).
Chevron CEO on returning to growth, deepwater Anchor project
Mike Wirth, Chevron chairman and CEO, joins 'Squawk on the Street' to discuss how Chevron can return to growth, where the price of crude oil will go, and much more.
Big oil companies defeat US consumer lawsuit over production, prices
Several oil companies including Exxon Mobil and Chevron on Monday defeated an appeal by consumers who accused them of colluding with former President Donald Trump's administration, Russia and Saudi Arabia to cut oil production, boosting prices at the pump.
Chevron & Mitsui Team Up to Install Wind Challenger on LNG Carrier
CVX and Mitsui team up to deploy the Wind Challenger on LNG carriers, aiming to cut fuel use and emissions, and set a new benchmark in maritime efficiency.
Is Chevron Stock a Buy?
In some ways, it is always a good time to buy Chevron -- at least, for some investors. Chevron appears fairly valued right now although the price has been cheaper in the past.
