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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.
Dril-Quip's (DRQ) Q4 Earnings Miss Estimates on Higher Costs
by Zacks Equity Research
A significant rise in total costs and expenses hurt Dril-Quip's (DRQ) Q4 earnings.
ExxonMobil (XOM) Eyes Guyana Stake, Aims to Oust Chevron
by Zacks Equity Research
ExxonMobil's (XOM) assertion of a right to first refusal on any sale related to the Stabroek block sparks contention, directly challenging Chevron's deal.
Zacks Value Trader Highlights: Occidental Petroleum, Chevron, Diamondback Energy, APA and TotalEnergies
by Zacks Equity Research
Occidental Petroleum, Chevron, Diamondback Energy, APA and TotalEnergies are part of the Zacks Value Trader Blog.
Should You Invest in the Strive U.S. Energy ETF (DRLL)?
by Zacks Equity Research
Sector ETF report for DRLL
Buffett Sticks with Energy Stocks: Should You?
by Tracey Ryniec
Wall Street ignored energy stocks in 2023 and is doing so again in 2024. But Buffett is not.
Chevron (CVX) and Partners to Invest $24M in Tamar Gas Field
by Zacks Equity Research
Chevron (CVX) is set to invest $24 million to bolster the natural gas production capacity of the Tamar gas field, off the coast of Israel.
Investors Heavily Search Chevron Corporation (CVX): Here is What You Need to Know
by Zacks Equity Research
Chevron (CVX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Is It Worth Investing in Chevron (CVX) Based on Wall Street's Bullish Views?
by Zacks Equity Research
The average brokerage recommendation (ABR) for Chevron (CVX) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
The Energy Sector is Hated: Is it Time to Buy?
by Andrew Rocco
Investors who avoid conformity and think independently prosper in the long run. Considering the tech sector's recent extreme bull move, money may shift into the lagging energy sector. Stock Strategist Andrew Rocco elaborates.
PBF Energy's (PBF) Q4 Earnings Miss on Lower Throughput
by Zacks Equity Research
PBF Energy's (PBF) weak Q4 earnings are primarily due to lower crude oil and feedstock throughput volumes. This was offset partially by lower costs and expenses.
13F Season: 3 Whales to Follow
by Andrew Rocco
Tracking 13F filings is crucial for market participants seeking to understand trends, identify potential investment opportunities, and monitor the transactions of Wall Street's most influential investors. Stock Strategist Andrew Rocco breaks down the 3 most important filings this 13F season.
Berkshire Hathaway Stock Hits New Highs: What Does it Mean?
by Tracey Ryniec
It's not just big tech which is hitting new all-time highs. Warren Buffett's big industrial giant is too.
Chevron Corporation (CVX) is Attracting Investor Attention: Here is What You Should Know
by Zacks Equity Research
Chevron (CVX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
ConocoPhillips (COP) Q4 Earnings Beat on Higher Oil Volumes
by Zacks Equity Research
Higher oil equivalent production volumes aid ConocoPhillips' (COP) better-than-expected Q4 earnings. The positives are partially offset by lower average realized oil equivalent prices.
TotalEnergies (TTE) Q4 Earnings and Revenues Miss Estimates
by Zacks Equity Research
TotalEnergies' (TTE) fourth-quarter earnings are lower than expected. It continues to expand its low-carbon energies portfolio and plans to invest $5 billion in Integrated Power in 2024.
Here's a Closer Look at ExxonMobil and Chevron's Q4 Earnings
by Nilanjan Choudhury
ExxonMobil (XOM) and Chevron (CVX) both intend to significantly increase production from the Permian Basin this year.
New Strong Sell Stocks for February 7th
by Zacks Equity Research
BC, CVX and TCS have been added to the Zacks Rank #5 (Strong Sell) List on February 7, 2023.
5 Oil & Gas Stocks That Recently Announced Dividend Hikes
by Nilanjan Choudhury
CVX, WMB, MGY, HPK and SHEL are five energy companies that have pledged to raise their quarterly dividend payouts.
Is WisdomTree U.S. High Dividend ETF (DHS) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for DHS
ExxonMobil (XOM), Chevron to Raise 2024 Permian Basin Oil Output
by Zacks Equity Research
The plans laid out by ExxonMobil (XOM) and Chevron indicate notable growth in U.S. oil production, primarily driven by increased activities in the Permian Basin.
Energy ETFs in Focus After Exxon, Chevron's Q4 Earnings Beat
by Sweta Killa
Two energy behemoths - Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) - reported mixed fourth-quarter earnings.
Nonfarm Payrolls Increased More Than Expected
by Zacks Equity Research
Nonfarm Payrolls Increased More Than Expected
BLS Jobs Up Big: 353K, 3.7% Unemployment
by Mark Vickery
353K new jobs created for January are nearly double the 180K or so analysts were looking for.
Chevron (CVX) Q4 Earnings Beat on Record U.S. Production
by Zacks Equity Research
Chevron (CVX) paid $2.8 billion in dividends during the fourth quarter and bought back $3.4 billion worth of its shares.
Compared to Estimates, Chevron (CVX) Q4 Earnings: A Look at Key Metrics
by Zacks Equity Research
Although the revenue and EPS for Chevron (CVX) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.