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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 & TotalEnergies Tap First Oil From Ballymore in U.S. Gulf
by Zacks Equity Research
CVX and TTE start oil production from the Ballymore project in the Gulf of America, advancing low-carbon, deepwater energy with strong output targets.
Chevron Exits Egypt's Red Sea Blocks, Eyes Mediterranean Prospects
by Zacks Equity Research
CVX and other companies exit Egypt's Red Sea oil blocks without finding any oil and gas, but remain committed to the growth of Egypt in the Mediterranean.
Chevron (CVX) Rises Higher Than Market: Key Facts
by Zacks Equity Research
In the closing of the recent trading day, Chevron (CVX) stood at $137.87, denoting a +1.85% change from the preceding trading day.
Is It Worth Investing in Chevron (CVX) Based on Wall Street's Bullish Views?
by Zacks Equity Research
Based on the average brokerage recommendation (ABR), Chevron (CVX) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
BP Encounters Oil in the Far South Prospect, Gulf of America
by Zacks Equity Research
BP, together with its partner CVX, operates the Far South field, situated 4 miles toward the north of the Constellation field.
Chevron or ExxonMobil: Which Big Oil Leads the Permian Charge?
by Nilanjan Choudhury
CVX and XOM are aligning their Permian strategies with broader low-carbon goals but are taking slightly different paths to get there.
Petrobras' Environmental Hurdles Lead to Oil Blocks Auction in Brazil
by Zacks Equity Research
PBR's long-dragged environmental hurdle compels the Brazilian oil regulator to open 172 oil blocks for bidding.
OPEC Revises Oil Demand Outlook Amid Shifting Market Trends
by Nilanjan Choudhury
CVX, COP and EOG offer stability and upside, as OPEC's outlook signals slower growth but confirms oil's lasting role in the global economy.
The Zacks Analyst Blog Bank of America, Chevron, Stryker, Value Line and Sypris
by Zacks Equity Research
Bank of America, Chevron, Stryker, Value Line and Sypris are included in this Analyst Blog.
Top Analyst Reports for Bank of America, Chevron & Stryker
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Bank of America Corporation (BAC), Chevron Corporation (CVX) and Stryker Corporation (SYK), as well as two micro-cap stocks Value Line, Inc. (VALU) and Sypris Solutions, Inc. (SYPR).
Chevron's Venezuela Oil Exports Stalled by PDVSA Amid Sanctions
by Zacks Equity Research
CVX's Venezuelan oil shipments halted by PDVSA amid payment uncertainty due to U.S. sanctions derails its plans to export oil.
Should You Invest in the iShares U.S. Energy ETF (IYE)?
by Zacks Equity Research
Sector ETF report for IYE
Zacks Value Trader Highlights: Exxon Mobil, Chevron and EOG Resources
by Zacks Equity Research
Exxon Mobil, Chevron and EOG Resources have been highlighted in this Value Trader article.
Chevron (CVX) Ascends But Remains Behind Market: Some Facts to Note
by Zacks Equity Research
Chevron (CVX) closed at $135.63 in the latest trading session, marking a +0.48% move from the prior day.
Chevron Corporation (CVX) Is a Trending Stock: Facts to Know Before Betting on It
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.
Trump Revokes Shell, BP Gas Licenses for Offshore Venezuela
by Aditi Kanoria
The Trump administration has revoked Shell and BP's Venezuela gas licenses, escalating a crackdown that began with Chevron and now threatens Trinidad's energy security.
Energy Stocks Take a Dive: Values or Traps?
by Tracey Ryniec
Oil is back to $60. Tracey Ryniec, Zacks Value Stock Strategist, looks at the earnings outlook for 3 big oil companies.
Ecopetrol (EC) Moves 10.0% Higher: Will This Strength Last?
by Zacks Equity Research
Ecopetrol (EC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Strength Seen in Chevron (CVX): Can Its 6.7% Jump Turn into More Strength?
by Zacks Equity Research
Chevron (CVX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Chevron Scales Up Triple-Frac Technology in Permian for Big Gains
by Zacks Equity Research
CVX plans to use triple-frac in more than half of its Permian wells in 2025, reducing costs by 12% and accelerating output to boost production levels.
AFRM and RH have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
AFRM and RH have been highlighted as Zacks Bull and Bear of the Day.
Chevron to Begin Pipeline Preparations in Eastern Mediterranean
by Zacks Equity Research
CVX is set to begin a seabed survey to link Cyprus' Aphrodite gas field to Egypt, boosting regional energy ties.
Worried About Tariffs? Keep a Watch on 2 Energy Giants: XOM & CVX
by Nilanjan Banerjee
Can Chevron and ExxonMobil sail through the current turbulent tariff-induced business environment?
3 Energy Biggies Offering Strong Dividends Amid Volatility
by Nilanjan Choudhury
Investors looking for stable, income-generating assets for their portfolios may focus on large-cap energy stocks like WMB, CVX and KMI.
Should You Invest in the Vanguard Energy ETF (VDE)?
by Zacks Equity Research
Sector ETF report for VDE