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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 (CVX) Ascends While Market Falls: Some Facts to Note
by Zacks Equity Research
Chevron (CVX) closed at $161.97 in the latest trading session, marking a +0.46% move from the prior day.
Wall Street Analysts Think Chevron (CVX) Is a Good Investment: Is It?
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?
ConocoPhillips (COP) Receives Second FTC Request on Merger Deal
by Zacks Equity Research
ConocoPhillips (COP) and Marathon Oil's (MRO) proposed merger, worth $22.5 billion, may face delay due to the request for additional information from the U.S. Federal Trade Commission.
ExxonMobil (XOM) Reveals Hammerhead Project Development Plan
by Zacks Equity Research
ExxonMobil's (XOM) development plan for Hammerhead involves drilling up to 30 wells. The company plans to use a Very Large Crude Carrier conversion facility for the project.
Martin Midstream (MMLP) Units Gain Amid Buyout Proposals
by Zacks Equity Research
Martin Midstream (MMLP) is engaged in discussions with the Conflicts Committee regarding the buyout offer from MRMC, disregarding the superior offer made by Nut Tree and Caspian Capital.
Chevron Corporation (CVX) is Attracting Investor Attention: Here is What You Should Know
by Zacks Equity Research
Recently, Zacks.com users have been paying close attention to Chevron (CVX). This makes it worthwhile to examine what the stock has in store.
The Zacks Analyst Blog Highlights Amazon, Apple Walmart and Chevron
by Zacks Equity Research
Amazon, Apple Walmart and Chevron are included in this Analyst Blog.
Why Chevron (CVX) is a Great Dividend Stock Right Now
by Zacks Equity Research
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Chevron (CVX) have what it takes? Let's find out.
Equinor (EQNR) Gets Drilling Permit to Explore Norwegian Sea
by Zacks Equity Research
Equinor (EQNR) is the operator of Production License 1014 where the drilling activities will be carried out by Odfjell Drilling's Deepsea Atlantic rig.
Hess (HES) Faces Regulatory Hurdles Amid Chevron Merger Delay
by Zacks Equity Research
Hess (HES) faces additional challenges due to the FTC's decision to postpone its merger verdict until the arbitration case is resolved, which could extend into the fourth quarter.
Top 4 Blue-Chip Stocks Picks to Strengthen Your Portfolio
by Nalak Das
We have narrowed our search to four Dow stocks. These are: AMZN, AAPL, WMT, CVX.
Here's Why You Should Retain Range Resources (RRC) Stock
by Zacks Equity Research
Range Resources (RRC) boasts decades of low-risk drilling inventory in Appalachia, brightening its production outlook.
Vista Oil & Gas, S.A.B. de C.V. Sponsored ADR (VIST) Q2 Earnings and Revenues Lag Estimates
by Zacks Equity Research
Vista Oil & Gas (VIST) delivered earnings and revenue surprises of -47.14% and 0.19%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?
3 Energy Companies to Gain on Rock Solid Balance Sheet
by Nilanjan Banerjee
EIA foresees a slowdown in GDP growth rate, which may consequently dampen energy demand. Hence, keep an eye on XOM, CVX and COP, which boast a strong balance sheet.
Tellurian (TELL) Gets FERC Approval for Driftwood Completion
by Zacks Equity Research
Tellurian (TELL) retains its three-year Driftwood LNG extension as the FERC denies the environmental group, Sierra Club's rehearing request regarding the extension approval.
Cenovus Energy (CVE) Demobilizes Workers Over Wildfire Risks
by Zacks Equity Research
Cenovus Energy (CVE) states that its operations remain unaffected at the Sunrise facility, although it is demobilizing staff that is not directly involved in operations.
Here's Why Matador (MTDR) is an Attractive Investment Bet
by Zacks Equity Research
Handsome oil prices aid Matador's (MTDR) upstream operations. However, the company is exposed to volatility in commodity prices.
Should You Buy, Hold, or Sell ExxonMobil (XOM) Post Q2 Update?
by Nilanjan Banerjee
While ExxonMobil (XOM) expects challenges such as soft gas prices and unfavorable industry margins to adversely impact Q2 earnings, the company's long-term outlook remains promising
Should You Invest in the Fidelity MSCI Energy Index ETF (FENY)?
by Zacks Equity Research
Sector ETF report for FENY
Should First Trust Morningstar Dividend Leaders ETF (FDL) Be on Your Investing Radar?
by Zacks Equity Research
Style Box ETF report for FDL
Halliburton (HAL) and AIQ Join Forces to Boost Well Efficiency
by Zacks Equity Research
Halliburton (HAL) believes that combining its industry expertise with AIQ's AI-based solutions will help provide greater operational efficiency and asset value for its customers.
Oil Little Changed as Hurricane Beryl-Related Concerns Fade
by Nilanjan Choudhury
Energy operators, including Chevron (CVX), Marathon Petroleum (MPC), Shell (SHEL) and Phillips 66 (PSX), enacted comprehensive preparedness plans ahead of Hurricane Beryl.
ExxonMobil (XOM) Expects Soft Gas Prices to Hurt Q2 Earnings
by Zacks Equity Research
ExxonMobil (XOM) expects soft gas prices and unfavorable changes in industry margins to hurt Q2 earnings.
Is iShares Core High Dividend ETF (HDV) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for HDV
Chevron (CVX) Furloughs Biodiesel Workers Amid Market Flood
by Zacks Equity Research
Chevron's (CVX) Oeding biodiesel plant faces market oversupply and Chinese import pressures, leading to worker furloughs and raising concerns about fair competition in the European biofuel market.