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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.
TotalEnergies Secures 1GW Offshore Wind Concession in Germany
by Zacks Equity Research
TTE wins a 1 GW North Sea wind concession, boosting its clean energy push. The company is also looking for cost-cutting opportunities in the area.
Stock Market News for Jun 18, 2025
by Zacks Equity Research
Wall Street closed lower on Tuesday, pulled down by a broad-based slump.
Iran-Israel Conflict Escalates: Boon for ExxonMobil's E&P Business?
by Nilanjan Banerjee
XOM gains as Iran-Israel tensions lift oil prices, boosting cash flows from its Permian-focused E&P operations.
Chevron Acquires Lithium-Rich Acreage in Strategic Expansion
by Zacks Equity Research
CVX enters the lithium market with 125,000 acres leased in key regions, planning innovative extraction methods to support a resilient, low-carbon energy future.
Why the Market Dipped But Chevron (CVX) Gained Today
by Zacks Equity Research
The latest trading day saw Chevron (CVX) settling at $148.85, representing a +1.93% change from its previous close.
Chevron to Sell 25% Working Interest in U.S. Offshore Acreage
by Zacks Equity Research
Chevron strengthens ties with TotalEnergies by selling a 25% stake in 40 U.S. offshore exploration leases.
TotalEnergies Expands U.S. Offshore Footprint by Acquiring New Stake
by Zacks Equity Research
TTE announces acquisition of 40 Exploration Blocks. This expands TotalEnergies' U.S. footprint.
Global Partners (GLP), a Top Stock to Buy Amid the Spike in Oil Prices
by Shaun Pruitt
Operating one of the largest terminal networks of refined petroleum products in the Northeastern United States, Global Partners (GLP) is an appealing stock to consider amid the sharp spike in crude oil prices.
National Fuel Gas Hikes Dividend by 3.9%, Boosts Shareholder Value
by Zacks Equity Research
NFG lifts its dividend for the 55th straight year as shale growth and pipeline upgrades fuel long-term strength.
Chevron's Permian Wells Deliver More - With Less Spending
by Nilanjan Choudhury
CVX boosts Permian output with 20% less reinvestment, leaning on high-return wells in New Mexico's Delaware Basin.
Chevron Shuts Down Leviathan Gas Field Amid Rising Tensions
by Zacks Equity Research
CVX halts operations at Israel's Leviathan gas field amid rising regional tensions, sparking global energy supply concerns.
Chevron and Halliburton Unveil Next-Gen Hydraulic Fracturing
by Zacks Equity Research
CVX partners with HAL to launch an autonomous fracturing system that boosts efficiency, control and shale recovery in Colorado.
Is AI-driven Power Demand Aiding GE Vernova's Gas Power Business?
by Aparajita Dutta
GE Vernova's Gas Power unit gains momentum from AI-fueled energy demand, landing major turbine deals in Q1 2025.
Equinor Outperforms & Trades at a Premium: Should You Buy the Stock?
by Zacks Equity Research
The EQNR stock's 12.5% gain in the past six months, strong capital returns, and rising ROC underscore its premium edge and growth focus.
How ExxonMobil's Upstream Business is Coping With Falling Oil Prices
by Nilanjan Banerjee
XOM's upstream profits face pressure from falling oil prices, but its low Permian breakeven costs offer a key buffer.
Chevron to Undergo Scrutiny After Angola Platform Tragedy
by Zacks Equity Research
CVX has raised alarms over rising safety near-misses just weeks before a deadly fire in Angola. The tragedy has now prompted urgent internal reviews.
Can Prairie Operating Co. Win Big With Its DJ Basin Land Grab?
by Nilanjan Choudhury
Through three major deals, PROP has built a decade-long drilling inventory in Colorado's DJ Basin.
Chevron (CVX) Beats Stock Market Upswing: What Investors Need to Know
by Zacks Equity Research
In the closing of the recent trading day, Chevron (CVX) stood at $143.35, denoting a +1.84% change from the preceding trading day.
Is Trending Stock Chevron Corporation (CVX) a Buy Now?
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.
ExxonMobil's Valuation Remains Premium: Are Investors Overpaying?
by Nilanjan Banerjee
XOM trades at a premium valuation despite soft oil prices, chemical oversupply and falling earnings estimates.
Hims & Hers Health and AST SpaceMobile have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Aris Mining surges 73% YTD as gold prices soar, while Chevron faces a third straight year of falling earnings in 2025.
Chevron's Texas Job Cuts: What's Really Driving the Layoffs?
by Nilanjan Choudhury
CVX plans to cut 200 Texas jobs by July as part of a global overhaul aiming to trim up to 9,000 roles by 2026.
Should You Invest in the Vanguard Energy ETF (VDE)?
by Zacks Equity Research
Sector ETF report for VDE
Should You Invest in the Energy Select Sector SPDR ETF (XLE)?
by Zacks Equity Research
Sector ETF report for XLE
Bear of the Day: Chevron (CVX)
by Tracey Ryniec
Earnings are expected to fall for the third year in a row.