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At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.75% per year. These returns cover a period from January 1, 1988 through July 7, 2025. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
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Zacks News
Chevron is one of the largest publicly traded oil and gas companies in the world with operations that span almost every corner of the globe. The only energy component of the Dow Jones Industrial Average, San Ramon, CA-based Chevron is fully integrated, meaning it participates in every aspect related to energy – from oil production, to refining and marketing. The company generates more than $146 billion in annual revenues and produces in excess of three million barrels per day of oil equivalent. Chevron currently churns out oil and natural gas at a 60/40 ratio. As of the end of 2019, the company had proved reserves of approximately 12.6 billion barrels of oil-equivalent. While the energy sector downturn since mid-2014 has significantly impacted Chevron’s stock price, it is still the 45-largest company in the S&P 500 Index. With its relatively low-risk energy business structure, robust financial health, and ample free cash flows, Chevron remains well positioned to navigate the weak oil and gas prices.
Coronavirus Effect: Oil Inventory Surges, Gasoline Demand Tanks
by Nilanjan Choudhury
Disruptions by the pandemic's effects depressed gasoline consumption by 1.6 million barrels last week to 5.1 million barrels per day - a record low.
The Zacks Analyst Blog Highlights: Delta Air Lines, Bank of America and Chevron
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Delta Air Lines, Bank of America and Chevron
ExxonMobil 2020 Capex to be Cut by 30%, Q1 Profits to Fall
by Zacks Equity Research
ExxonMobil (XOM) intends to curb cash operating expenses by 15% to boost profit levels amid a low oil and gas pricing environment.
Buybacks on the Back Burner Thanks to Coronavirus Impact
by Rimmi Singhi
Amid the virus rampage, it is now estimated that stock buybacks in 2020 may witness a complete reversal of the 2018 buyback bonanza.
Are Options Traders Betting on a Big Move in Chevron (CVX) Stock?
by Zacks Equity Research
Investors need to pay close attention to Chevron (CVX) stock based on the movements in the options market lately.
Chevron (CVX) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Chevron (CVX) closed at $80.90 in the latest trading session, marking a +0.63% move from the prior day.
Petrobras Discovers Oil, Raises Output Cut, Delays Dividend
by Zacks Equity Research
Management at Petrobras (PBR) projects 2020 production to be 200,000 barrels lower per day.
Stock Market News for Apr 3, 2020
by Zacks Equity Research
Stocks closed higher on Thursday, largely driven by President Donald Trump's tweet about the possibility of a massive reduction in oil production ahead.
U.S. Oil Stocks Rise Sharply, Coronavirus Chokes Gasoline Demand
by Nilanjan Choudhury
Disruptions by the pandemic's effects depressed the gasoline demand by 2.2 million barrels last week, the most on record.
What's The Deal With Oil?
by Daniel Laboe
The pandemic has created a supply glut, with demand vanishing almost overnight
The Zacks Analyst Blog Highlights: Diamondback, Marathon, Occidental, Chevron and Royal Dutch
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Diamondback, Marathon, Occidental, Chevron and Royal Dutch
Oil & Gas Stock Roundup: Operators Clamp Down on Capex to Combat Price Slump
by Nilanjan Choudhury
Driven by the ongoing trough in oil prices, Chevron (CVX), Equinor (EQNR) and Eni (E) made announcements on spending cuts.
Shell (RDS.A) Up on Coronavirus Resilience, New Financing
by Zacks Equity Research
Shell (RDS.A) expects its post-tax impairment charges between $400 million and $800 million for the first quarter of 2020.
Chevron (CVX) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Chevron (CVX) closed the most recent trading day at $72.47, moving +0.72% from the previous trading session.
Oil at $20 a Barrel: Who Wins, Who Loses & Who Survives?
by Nilanjan Choudhury
As the world remains awash in crude oil, prices might go even lower before they start climbing higher.
Is Change in Payout Strategy Need Of the Hour for Big Oil?
by Zacks Equity Research
As the world fights a pandemic, top energy companies will have to reassess their payout strategies, either by slowing down share buybacks or reintroducing non-cash dividends.
Equities Partially Recover Lost Ground on $2 Trillion Relief Bill
by David Borun
Congress passes the biggest stimulus plan in history, providing support for a stock market that had been rocked by Covid-19 shutdowns.
The Zacks Analyst Blog Highlights: Chevron, Royal Dutch Shell, Diamondback Energy, Apache and Occidental
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Chevron, Royal Dutch Shell, Diamondback Energy, Apache and Occidental
Repsol to Slash 2020 Capex Amid Current Market Uncertainty
by Zacks Equity Research
Repsol (REPYY) intends to maintain its July dividend payout. However, it might have to shelve the plan of share buyback of 5% of share capital.
Oil Up for 3rd Day: Can it Recover from Coronavirus Swings?
by Nilanjan Choudhury
The U.S. Energy Department's latest inventory release revealed a ninth straight weekly increase in stockpiles though the build was lower than expected.
Dow's Best Day Since 1933: Top Stock Gainers of the ETF
by Sanghamitra Saha
Dow Jones registered its best single-day gain since 1933. These stocks of the Dow ETF logged a superb rally on Mar 24.
Chevron Trims Capex View Amid Price Turmoil, Keeps Dividend
by Zacks Equity Research
Apart from cost containment, Chevron (CVX) stalls its $5-billion share buyback program to ride out the current oil price rout.
Is Oil's Dividend At Risk?
by Daniel Laboe
Oil has experienced one of the most vicious selloffs in history, with WTI crude plunging over 60% since the beginning of the year
TOTAL Acquires Wind Assets, Expands Renewable Portfolio
by Zacks Equity Research
TOTAL (TOT) expands the renewable power portfolio in France through the acquisition of Global Wind Power (GWP) France.
Should You Invest in the Fidelity MSCI Energy Index ETF (FENY)?
by Sweta Killa
Sector ETF report for FENY