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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.
Chevron's Declining Oil Reserves to be Supported by Hess' Guyana Asset
by Zacks Equity Research
CVX's pressing concern of dwindling oil and gas reserves defines the urgency of the planned acquisition of Hess' Guyana assets.
Want Better Returns? Don?t Ignore These 2 Oils and Energy Stocks Set to Beat Earnings
by Zacks Equity Research
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Phillips 66 Q4 Earnings Top Estimates Despite Lower Refining Margin
by Zacks Equity Research
PSX aims to significantly lower refining costs over the next two years, driven by the Los Angeles Refinery shutdown and strategic efficiency improvements.
Chevron Speeds Up Expansion at Kazakhstan's Tengiz Oilfield
by Zacks Equity Research
CVX ramps up the $48 billion Tengiz oilfield expansion in Kazakhstan, marking a significant milestone by enhancing production.
Should You Invest in the iShares U.S. Energy ETF (IYE)?
by Zacks Equity Research
Sector ETF report for IYE
Chevron's Future in Venezuela: Tough Choices Amid U.S. Policy
by Zacks Equity Research
CVX is in a fix as the Trump administration reconsiders its license in Venezuela. The oil giant is navigating sanctions and political pressure.
Zacks Industry Outlook Exxon Mobil, Chevron, BP and Vista Energy
by Zacks Equity Research
Exxon Mobil, Chevron, BP and Vista Energy have been highlighted in this Industry Outlook article.
4 Integrated Energy Stocks to Benefit From Solid Industry Prospects
by Nilanjan Banerjee
From upstream activities to midstream, prospects for companies are rosy now, enhancing the outlook for the Zacks Oil and Gas Integrated International industry. XOM, CVX, BP & VIST will make the most of the favorable business scenario.
Valero Energy Q4 Earnings Top Estimates Despite Lower Refining Margin
by Zacks Equity Research
Looking ahead, VLO expects refining margins to be supported by low light product inventories leading into the driving season.
Chevron Hikes Dividend, Reports Weak Refining - Buy, Hold, or Sell?
by Nilanjan Choudhury
CVX's upstream production growth continues to be a bright spot, particularly in the Permian Basin.
Here is What to Know Beyond Why Chevron Corporation (CVX) is a Trending Stock
by Zacks Equity Research
Chevron (CVX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
ConocoPhillips Q4 Earnings on Deck: Should You Buy Now or Wait?
by Nilanjan Banerjee
Although COP's long-term prospects look lucrative, investors should remain patient and monitor the resolution of ongoing uncertainties.
4 Energy Stocks Rewarding Investors With Dividend Hikes
by Nilanjan Choudhury
Despite the energy sector's ups and downs, dividends are rising. Here's a look at the recent payout hikes from CVX, IMO, NOG, and MGY.
ExxonMobil After Q4 Earnings: Should You Hold the Stock or Sell it?
by Nilanjan Banerjee
In addition to its traditional upstream and downstream energy operations, XOM is entering the lithium market, a major component in electric vehicle batteries.
ExxonMobil Vs. Chevron: Which Big Oil Stock Had a Better Q4?
by Nilanjan Choudhury
Both XOM and CVX faced downward pressure following their Q4 release, reflecting broader market concerns over refining margins and oil price volatility.
Should You Invest in the Energy Select Sector SPDR ETF (XLE)?
by Zacks Equity Research
Sector ETF report for XLE
Should You Invest in the Vanguard Energy ETF (VDE)?
by Zacks Equity Research
Sector ETF report for VDE
Chevron (CVX) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
by Zacks Equity Research
The headline numbers for Chevron (CVX) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Company News for Feb 3, 2025
by Zacks Equity Research
Companies in The News Are: ABBV,CVX,ARCB,CHTR
Chevron Lags Q4 Earnings Estimates, Tops Revenues, Hikes Dividend
by Zacks Equity Research
CVX pays $2.9 billion in dividends in the fourth quarter and spends around $4.3 billion in capital and exploratory expenditures.
PCE Inflation Increased In Line With Expectation
by Zacks Equity Research
PCE Inflation Increased In Line With Expectation
December PCE Steady with Expectations; Plenty of Mixed Q4 Earnings
by Mark Vickery
PCE results were as in-line with expectations as one could expect: +0.3% on headline month over month, +2.6% year over year.
Chevron (CVX) Q4 Earnings Lag Estimates
by Zacks Equity Research
Chevron (CVX) delivered earnings and revenue surprises of -5.94% and 11.21%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?
ExxonMobil's Q4 Earnings Coming Up: Is the Stock Worth Holding on to?
by Nilanjan Banerjee
The acquisition of Pioneer Natural boosts XOM's production capabilities in the Permian Basin due to its exceptionally low production costs.
Chevron, Engine No. 1 and GE Vernova Join Forces to Power AI
by Zacks Equity Research
CVX, Engine No. 1 and GE Vernova team up to build natural gas power plants to fuel AI-driven data centers and support increased electricity demand.