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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.
Big Oil Bounces Back as Crude Hits $50 a Barrel
by Zacks Equity Research
Oil giants reap benefits of cost-containment strategies which allow them to operate profitably at $50 a barrel.
TOTAL (TOT) to Acquire LNG Assets From Engie for $1.49B
by Zacks Equity Research
TOTAL's (TOT) decision to acquire upstream liquefied natural gas assets of Engie will help it expand its LNG business exponentially
Zacks Earnings Trends Highlights: ExxonMobil and Chevron
by Zacks Equity Research
Zacks Earnings Trends Highlights: ExxonMobil and Chevron
Petrobras (PBR) to Sell Stake in Nigeria JV to Reduce Debt
by Zacks Equity Research
Given its huge debt of almost $89.2 billion, Petrobras (PBR) is focusing on asset sales.
Favorable Trend in Q4 Earnings Estimates
by Sheraz Mian
Earnings estimates holding up a lot better relative to other comparable periods.
Favorable Trend in Q4 Earnings Estimates
by Sheraz Mian
Earnings estimates holding up a lot better relative to other comparable periods.
How High Can Oil Prices Go?
by Sheraz Mian
I remain optimistic about oil's fundamental outlook given OPEC's discipline and the admittedly tentative signs of deceleration in U.S. activity levels.
Chevron (CVX) Gears Up for First Shale Development in Canada
by Zacks Equity Research
Chevron (CVX) is expected to start operations in its Canadian shale play by 2019.
Zacks Industry Outlook Highlights: Oil & Gas, including ExxonMobil, Chevron, Royal Dutch Shell, BP and TOTAL
by Zacks Equity Research
Zacks Industry Outlook Highlights: Oil & Gas, including ExxonMobil, Chevron, Royal Dutch Shell, BP and TOTAL
Shell's (RDS.A) Q3 Earnings Beat Amid Higher Oil, Cost Cuts
by Nilanjan Choudhury
European oil major Royal Dutch Shell's (RDS.A) profit growth further confirms the industry's resurgence from the deep oil slump.
Chevron's (CVX) First Wheatstone Shipment Sets Sail for Japan
by Zacks Equity Research
Chevron's (CVX) Wheatstone project holds promise to drive long-term growth and boost shareholders' value in the coming years.
Concho Resources (CXO) Tops Q3 Earnings & Sales Estimates
by Zacks Equity Research
Concho Resources (CXO) delivers solid Q3 results as the oil and gas finder continues to boost production. Higher commodity prices also lends support to the company's margins.
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, TOTAL, ConocoPhillips and Valero Energy
by Zacks Equity Research
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, TOTAL, ConocoPhillips and Valero Energy
The Zacks Analyst Blog Highlights: Microsoft, Chevron, Intel, Biogen and Kinder Morgan
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Microsoft, Chevron, Intel, Biogen and Kinder Morgan
Oil & Gas Stock Roundup: Exxon, Chevron, TOTAL Report Strong Q3
by Nilanjan Choudhury
Integrated majors ExxonMobil (XOM), Chevron (CVX) and TOTAL (TOT) came up with stronger-than-expected earnings reports, driven by higher oil prices.
Oil Stocks Reporting Q3 Earnings on Nov 1: PXD, MRO & WMB
by Zacks Equity Research
So far, for the energy sector components enlisted on the S&P 500 index, total Q3 earnings grew 253.9% on 33.5% higher revenues.
Can Shell (RDS.A) Spring a Surprise This Earnings Season?
by Zacks Equity Research
Recovering commodity prices and cost-cut efforts are likely to play key roles in Shell's (RDS.A) Q3 earnings performance.
Refining, Higher Oil Power Chevron's (CVX) Q3 Earnings Beat
by Nilanjan Choudhury
However, shares of Chevron (CVX) slumped 3.7% in early trading, after the oil giant reported a drop in U.S. production.
Chevron (CVX) Q3 Earnings Beat Estimates on Prices, Refining
by Zacks Equity Research
Chevron (CVX), one the world's largest publicly traded oil producers, posted a higher-than-expected quarterly profit on improved crude prices and strength in its refining business.
Oil Stocks to Watch for Earnings on Oct 27: XOM, CVX, COG, PSX
by Zacks Equity Research
The oil/energy sector's performance so far reflects optimism and is likely to see strong Q3 growth.
This Week's Top Energy Earnings Charts
by Tracey Ryniec
Oil stocks may be out of favor with investors but not all energy stocks are down in the dumps.
Chevron vs. ExxonMobil: Which is Better Ahead of Q3 Earnings?
by Swarup Gupta
Both companies are scheduled to report earnings on Oct 27.
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Chevron, Cheniere Energy Partners, Petrobras and Tullow Oil
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Chevron, Cheniere Energy Partners, Petrobras and Tullow Oil
Can Australia Surpass Qatar to Become the Top LNG Exporter?
by Zacks Equity Research
Qatar bringing in new production plan for the next decade will make the road to the top easy at all for Australia.
Chevron Calls Off Great Australian Bight Drilling Program
by Zacks Equity Research
Weak oil price environment forces Chevron (CVX) to call off its $500 million exploration plans in Great Australian Bight.