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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) Surpasses Q4 Earnings Estimates
by Zacks Equity Research
Chevron (CVX) delivered earnings and revenue surprises of 4.86% and 10.29%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?
Is Chevron (CVX) a Buy as Wall Street Analysts Look Optimistic?
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?
Hess (HES) Q4 Earnings Surpass Estimates, Revenues Fall Y/Y
by Zacks Equity Research
Higher oil equivalent production volumes aid Hess' (HES) Q4 earnings.
Chevron (CVX) Opts for Longer Route to Ship Kazakh Oil to Asia
by Zacks Equity Research
Chevron (CVX) plans to divert shipments of Kazakhstan's CPC Blend oil to Asia by sidestepping the Red Sea. Instead, it chooses to navigate around Africa's Cape of Good Hope.
Should You Invest in the iShares U.S. Energy ETF (IYE)?
by Zacks Equity Research
Sector ETF report for IYE
Chevron (CVX) Stock Falls Amid Market Uptick: What Investors Need to Know
by Zacks Equity Research
Chevron (CVX) closed at $149.08 in the latest trading session, marking a -0.04% move from the prior day.
Moment of Truth Has Arrived for 2024 EPS Expectations
by Mayur Thaker
leading indicators for corporate profits continue to forecast a downturn, but stocks are priced for a soft landing - a dangerous combo.
Chevron Corporation (CVX) Is a Trending Stock: Facts to Know Before Betting on It
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.
Chevron (CVX) Q4 Earnings Coming Up: Here's How It Will Fare
by Zacks Equity Research
Weakness in commodity prices is likely to have impacted the fourth-quarter earnings of Chevron (CVX), only to be offset by strength in liquids production.
Earnings Countdown: Mega-Cap Stocks Take the Stage Next Week
by Ethan Feller
Earnings have been upbeat thus far... next week will determine if that remains true
Oil & Gas Stock Roundup: Q4 Earnings From SLB, KMI & More
by Nilanjan Choudhury
SLB, KMI, XOM, SHEL and CVX emerge as the energy headline makers during the week.
Analysts Estimate Chevron (CVX) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
Chevron (CVX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Should WisdomTree U.S. High Dividend ETF (DHS) Be on Your Investing Radar?
by Zacks Equity Research
Style Box ETF report for DHS
Should You Invest in the Energy Select Sector SPDR ETF (XLE)?
by Zacks Equity Research
Sector ETF report for XLE
Chevron (CVX) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Chevron (CVX) closed at $142.09 in the latest trading session, marking a -0.28% move from the prior day.
3 Permian Stocks to Watch as Oil Price is Still Healthy
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).
How Is the Red Sea Conflict Affecting the Oil Industry?
by Turjya Saha
Houthi attacks create waves of uncertainty in Red Sea shipping, prompting major companies to reassess routes and security measures. An unpredictable situation raises market concerns.
Shell (SHEL) Starts Job Cuts in a Push to Boost Performance
by Zacks Equity Research
Shell (SHEL) starts trimming its workforce to enhance operational efficiency and drive performance.
Chevron (CVX) Plans Duvernay Asset Sale, Optimizes Portfolio
by Zacks Equity Research
Following a challenging 2023, Chevron's (CVX) focus has shifted toward performance improvement, particularly in prolific areas like the Permian basin and Guyana.
Should You Invest in the Vanguard Energy ETF (VDE)?
by Zacks Equity Research
Sector ETF report for VDE
Should You Invest in the First Trust NASDAQ Oil & Gas ETF (FTXN)?
by Zacks Equity Research
Sector ETF report for FTXN
Chevron (CVX) Stock Moves -0.4%: What You Should Know
by Zacks Equity Research
The latest trading day saw Chevron (CVX) settling at $143.12, representing a -0.4% change from its previous close.
Chevron's (CVX) Shipping Routes Remain Intact Amid Red Sea Turmoil
by Zacks Equity Research
Chevron's (CVX) bold decision to continue Red Sea shipments contrasts with other energy majors. CEO assures a safe passage, highlighting naval collaborations.
Brokers Suggest Investing in Chevron (CVX): Read This Before Placing a Bet
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?
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.