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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.
Permian Growth Story to Continue: 5 Oil Producers in Focus
by Nilanjan Choudhury
The Permian Shale, which is spread over roughly 75,000 square miles of western Texas and southeastern New Mexico, is believed to hold enough oil to feed all the domestic refineries for 12 years.
Bear of the Day: Occidental Petroleum (OXY)
by David Borun
A controversial acquisition and huge debt have one big investor reconsidering his stake in OXY.
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, Royal Dutch and Alibaba
by Zacks Equity Research
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, Royal Dutch and Alibaba
Saudi Aramco Files for an IPO: Here's What You Need to Know
by Nilanjan Choudhury
At $25.6 billion, Saudi Aramco's initial public offering could be the largest global IPO ever.
Oil Price Gains 3.4% for the Day: What's Behind the Rise?
by Nilanjan Choudhury
The federal government's EIA report revealed that crude inventories rose by 1.4 million barrels, compared to the 1.6 million barrels increase that energy analysts had expected.
The Zacks Analyst Blog Highlights: Chevron, HSBC, Sanofi, Sony and Moody's
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Chevron, HSBC, Sanofi, Sony and Moody's
U.S. Oil Producers Churn Out Unprecedented Level of Oil
by Nilanjan Choudhury
The federal government's EIA report revealed that domestic crude production climbed to yet another record high of 12.8 million barrels per day.
Top Stock Reports for Chevron, HSBC & Sanofi
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including Chevron (CVX), HSBC Holdings (HSBC) and Sanofi (SNY).
Should You Invest in the Fidelity MSCI Energy Index ETF (FENY)?
by Sweta Killa
Sector ETF report for FENY
Headline Roundup
by Panel Of Zacks Experts
Earnings are in full effect and companies are making moves. Now that the trade war has settled down, it's time to focus on what's important... EARNINGS!
4 Oil & Gas Stocks Likely to Surpass Q3 Earnings Estimates
by Nilanjan Choudhury
Commodity pricing woes do not necessarily indicate that all energy scrips have lost potential.
Occidental (OXY) Q3 Earnings Miss Estimates, Sales Beat
by Zacks Equity Research
Occidental Petroleum's (OXY) Q3 earnings lag estimates but total production improves significantly due to the acquisition of Anadarko.
Exxon, Chevron Beat on Q3 Earnings: Energy ETFs in Focus
by Sweta Killa
Investors might want to tap energy ETFs having the largest allocation to the energy behemoths.
Stock Market News for Nov 4, 2019
by Zacks Equity Research
Benchmarks closed in the positive territory on Nov 1 as investors derived optimism from strong job additions in October, without allowing U.S. manufacturing sector's contraction last month dampen their spirits.
Energy Stock Earnings Lineup for Nov 5: FANG, DVN & More
by Nilanjan Choudhury
Lower oil and gas prices are expected to have hurt hurt Q3 earnings of energy companies.
Strong Economic conditions and Low Interest Rates Send Stocks to New Record Highs
by David Borun
Recession fears and a possible end to trade disputes support increasing US equity prices
Chevron (CVX) Q3 Earnings Beat Thanks to Production Gains
by Zacks Equity Research
In the third quarter, Chevron (CVX) paid $2.2 billion in dividends and repurchased $1.8 billion worth of shares.
Better-than-expected October Jobs Report
by Zacks Equity Research
Better-than-expected October Jobs Report
Jobs Report +128K, Better than Expected, Plus FIT, XOM & More
by Mark Vickery
September gained 44K on its revision to 180K, and August went up 51K to 219K -- the first time since April we were over 200K on new monthly jobs totals.
Chevron (CVX) Tops Q3 Earnings Estimates
by Zacks Equity Research
Chevron (CVX) delivered earnings and revenue surprises of 8.16% and -7.53%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Oil & Gas Q3 Earnings: Key Predictions for XOM, CVX
by Nilanjan Banerjee
Weak oil prices are likely to have hurt third-quarter earnings of ExxonMobil (XOM) and Chevron (CVX).
Shell (RDS.A) Q3 Earnings Beat Despite Softer Oil Prices
by Zacks Equity Research
Royal Dutch Shell (RDS.A) rakes in $10.1 billion in free cash flow during the third quarter, up from $8 billion a year ago.
Q3 Energy Earnings Likely to Disappoint: ETFs to Avoid
by Sweta Killa
Energy ETFs are expected to see rough trading as the two oil majors Exxon Mobil and Chevron, which dominate the ETF returns, saw negative earnings estimate revisions before the earnings.
Will Production Gains Drive Chevron's (CVX) Q3 Earnings?
by Zacks Equity Research
Strong production growth is likely to have boosted Chevron (CVX) in Q3. However, lower realized commodity prices are expected to have hurt its bottom line.
Chevron (CVX) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Chevron (CVX) closed at $118.48, marking a -0.16% move from the previous day.