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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.
Brazilian Auction Echoes Turnaround of Deepwater Markets
by Zacks Equity Research
The diversity of operators and participants, attending from the United States as well as other major countries from Europe, indicates the success of the Brazilian auction.
WPX Energy (WPX) to Lower Debts and Strengthen Balance Sheet
by Zacks Equity Research
WPX Energy (WPX) will continue lowering its outstanding debts with proceeds from asset sales.
4 Ways You Can Get Rich Off the Permian Basin's Oil Boom
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.
WPX Energy Exits San Juan, Focuses on Delaware & Williston
by Zacks Equity Research
WPX Energy's (WPX) focus on oil production is going to boost its performance, given the ongoing recovery of oil prices from historic lows.
Jacobs (JEC) Boosts Organic Growth on New U.S. Defense Deal
by Zacks Equity Research
Jacobs (JEC) secures a $99 million contract from Naval Facilities Engineering Command's Southwest Area of Responsibility. The deal further reinforces the company's organic growth trajectory.
Will China's New Crude Futures Be a Global Benchmark?
by Zacks Equity Research
China threatens dollar dominance by pricing oil in its own currency.
Energy Sector Instils Confidence With Booming Buybacks
by Zacks Equity Research
With recovering energy landscape and improving financial picture of the companies, we can anticipate more energy players to focus on rewarding shareholders with compelling buyback programs.
GoM Leases Receive Lukewarm Response: Here's why
by Zacks Equity Research
Oil majors with huge spending capabilities comprise 1% of the total bids for sale.
Crude Oil Back Above $65: Buy These 5 Top Ranked E&P Stocks
by Nilanjan Choudhury
With crude prices picking up steam, this is the perfect time to indulge in some energy stocks to make sure your portfolio is perfectly oiled up!
Here's Why You Should Buy Royal Dutch Shell (RDS.A) Now
by Zacks Equity Research
Shell's (RDS.A) shares have returned 17.1% in a year, outperforming 7.4% gain of the industry it belongs to.
Why You Should Keep Exxon Mobil (XOM) in Your Portfolio
by Zacks Equity Research
Exxon Mobil's (XOM) diversified operations, strong balance sheet, and healthy free cash flow make the stock a must have in your portfolio.
ExxonMobil (XOM) to Delay Tax Payments in Australia Till 2021
by Zacks Equity Research
ExxonMobil's (XOM) high cost of investment in Australia has put the company in a tax loss position.
Jacobs Wins $778M Information Technology Deal From USSOCOM
by Zacks Equity Research
Jacobs Engineering (JEC) secures contract for providing information technology operations and maintenance services to the U.S. Special Operations Command.
Why BP is the Best Oil Supermajor to Buy Right Now
by Zacks Equity Research
Strong portfolio of upstream projects, positive free cash flow and positive earnings estimate revisions make BP a compelling buy apart from being undervalued.
Oil Majors Vie for Market Share Amid Growing Climate Concerns
by Zacks Equity Research
Growing climate concerns stemming from the extraction of fossil fuels compel oil majors to introduce low-carbon products.
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, Hess, Devon Energy and Eni SpA
by Zacks Equity Research
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, Hess, Devon Energy and Eni SpA
Oil & Gas Stock Roundup: Exxon & Chevron's Strategy Updates, Hess' Buyback Plan & More
by Nilanjan Choudhury
ExxonMobil (XOM) intends to more than double earnings and cash flow from operations by 2025, while Chevron (CVX) highlighted its commitment toward dividend growth as its top priority.
Chevron Phillips Brings New Ethane Cracker in Texas Online
by Zacks Equity Research
The joint venture between Chevron (CVX) and Phillips 66 (PSX), with a production capacity of 1.5 million metric tons per annum, is aiming to cash in on the strong demand for petrochemicals.
Why Jacobs (JEC) is a Must-Add Stock to Your Portfolio?
by Zacks Equity Research
Jacobs Engineering Group (JEC) poised to grow on the back of increased U.S. construction spending, strategic business contracts, well-planned restructuring moves and the CH2M buyout.
Zacks Industry Outlook Highlights: Continental Resources, Penn Virginia, Wildhorse Resources Development, Chevron and BP
by Zacks Equity Research
Zacks Industry Outlook Highlights: Continental Resources, Penn Virginia, Wildhorse Resources Development, Chevron and BP
Chevron-Sinopec Deal Gets Nod from Competitive Commission
by Zacks Equity Research
The deal is in line with Chevron's (CVX) $15 billion divestment program announced in 2014.
Zacks Industry Outlook Highlights: Chevron, BP, Royal Dutch Shell, Total S.A. and Cheniere Energy
by Zacks Equity Research
Zacks Industry Outlook Highlights: Chevron, BP, Royal Dutch Shell, Total S.A. and Cheniere Energy
Petrobras Signs $4.35B Credit Facility, Sale Plan On Track
by Zacks Equity Research
Petrobras (PBR) opts for revolving credit facility and targets debt reduction with divestment of African subsidiary.
ExxonMobil's Growth Strategies to Double Earnings by 2025
by Zacks Equity Research
ExxonMobil's (XOM) strategies backed by increased investments to boost returns on capital employed.
Chevron Sets Dividend Growth & Other Priorities for 2018
by Zacks Equity Research
Chevron (CVX) highlights its commitment toward dividend growth as number one priority at its 2018 analyst day.