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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.
Should You Invest in the iShares U.S. Energy ETF (IYE)?
by Zacks Equity Research
Sector ETF report for IYE
Chevron (CVX) Stock Declines While Market Improves: Some Information for Investors
by Zacks Equity Research
Chevron (CVX) reachead $156.13 at the closing of the latest trading day, reflecting a -0.84% change compared to its last close.
Big Oil's M&A Splurge: Will the Buying Frenzy Continue?
by Nilanjan Choudhury
Big Oil companies like ExxonMobil, Chevron and ConocoPhillips are using mergers and acquisitions to consolidate their future in a volatile and evolving market.
Oceaneering (OII) Tests AUV for Subsea Pipeline Inspection
by Zacks Equity Research
Oceaneering (OII) and TotalEnergies join forces to revolutionize subsea pipeline inspection with Freedom AUV. It cuts inspection time and emissions by 50%.
Zacks Industry Outlook Highlights Exxon Mobil, Chevron, BP and Vista Energy
by Zacks Equity Research
Exxon Mobil, Chevron, BP and Vista Energy are part of the Zacks Industry Outlook article.
Chevron's (CVX) Gorgon LNG Plant Restarts Full Operations
by Zacks Equity Research
Chevron Corporation's (CVX) subsidiary Chevron Australia brings back full production at the Gorgon liquefied natural gas (LNG) terminal after a month-long outage in Western Australia.
The Zacks Analyst Blog Highlights JPMorganChase, Chevron, Cisco Systems, Atrion and The Eastern
by Zacks Equity Research
JPMorganChase, Chevron, Cisco Systems, Atrion and The Eastern are part of the Zacks top Analyst Blog.
Hess (HES) Shareholders Approve Chevron Deal Amid Arbitration
by Zacks Equity Research
Hess (HES) shareholders approve a $53 billion merger with Chevron despite the ongoing legal dispute over Guyana's Stabroek block assets.
4 Integrated Energy Stocks to Gain From Solid Industry Trends
by Nilanjan Banerjee
From upstream activities to midstream, prospects for companies are rosy now, enhancing the outlook for the Zacks Oil and Gas Integrated International industry. XOM, CVX, BP & VIST will make the most of the favorable business scenario.
Chevron (CVX) Nears Deal With Sonatrach to Boost Gas Output
by Zacks Equity Research
Chevron (CVX) and Sonatrach are set to finalize a deal to enhance Algeria's natural gas output. This partnership aims to diversify Europe's gas supply amid geopolitical shifts.
Top Analyst Reports for JPMorgan Chase, Chevron & Cisco
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including JPMorgan Chase & Co. (JPM), Chevron Corporation (CVX) and Cisco Systems, Inc. (CSCO), as well as two micro-cap stocks Atrion Corporation (ATRI) and The Eastern Company (EML).
3 Energy Companies With Rock-Solid Balance Sheet to Watch (Revised)
by Zacks Equity Research
EIA estimates the GDP growth rate to remain flat year over year in 2024 and decline in 2025, which may dampen energy demand. Hence, keep an eye on XOM, CVX, and COP with strong balance sheet.
Marathon Oil (MRO) Stocks Up 8.4% on Buyout Deal by Conoco
by Zacks Equity Research
Shares of Marathon Oil (MRO) shoot up on the announcement of a $22.5 billion buyout deal by ConocoPhillips (COP).
Big Oil Consolidation: Chevron Acquiring Hess - ConocoPhillips Acquiring Marathon Oil
by Shaun Pruitt
Consolidation among the oil and energy sector continues as Chevron (CVX) will be acquiring Hess (HES) in a deal valued at $53 billion while ConocoPhillips (COP) is set to acquire Marathon Oil (MRO) for $22.5 billion when including debt.
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.
3 Energy Companies With Rock-Solid Balance Sheet to Watch
by Nilanjan Banerjee
EIA foresees no growth in GDP this year, with a projected downturn in the following year, consequently dampening energy demand. This highlights the need to keep an eye on XOM, CVX and COP.
Should You Invest in the Vanguard Energy ETF (VDE)?
by Zacks Equity Research
Sector ETF report for VDE
Should WisdomTree U.S. High Dividend ETF (DHS) Be on Your Investing Radar?
by Zacks Equity Research
Style Box ETF report for DHS
Company News for May 29, 2024
by Zacks Equity Research
Companies In The News Are: AAPL, GME, HES, CVX, AAL.
Chevron (CVX), Rhino Prepare for Offshore Drilling in Namibia
by Zacks Equity Research
Chevron (CVX) and Rhino Resources plan offshore Namibia drilling by late 2024 or early 2025, sparking interest in the hydrocarbon-rich Orange Basin.
Permian Break-Even Costs Low: 3 Energy Stocks to Gain
by Nilanjan Banerjee
It would be wise for investors to monitor three prominent energy companies operating in the Permian, like ExxonMobil (XOM), Chevron (CVX) and Diamondback (FANG).
Should You Invest in the Energy Select Sector SPDR ETF (XLE)?
by Zacks Equity Research
Sector ETF report for XLE
Greening the Black Gold: 3 Energy Stocks to Gain From CCS Projects
by Nilanjan Banerjee
Investors may keep an eye on three major energy companies, ExxonMobil (XOM), Chevron (CVX), and Shell (SHEL), all actively participating in CCS endeavors.
3 Permian Explorers Poised to Gain as Oil Prices Stay High
by Nilanjan Banerjee
Improving Permian production amid healthy oil prices raises the incentive to keep an eye on companies like ExxonMobil (XOM), Chevron (CVX) and Diamondback Energy (FANG).
AppLovin and Day and Akamai have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
AppLovin and Day and Akamai have been highlighted as Zacks Bull and Bear of the Day