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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.
Equinor (EQNR) Resumes Oil Production in North Sea Oilfield
by Zacks Equity Research
Equinor (EQNR) restarts petroleum production at its Johan Sverdrup oilfield as it has been shut down due to a failure in the onshore power system that supplies the platform.
Permian Production to Reach Record High: 4 Stocks to Benefit
by Kaibalya Pravo Dey
With rising activities in the Permian Basin, production is projected to hit 4,953 MBbls/d in December.
Viper Energy (VNOM) Gains 2% as Q3 Earnings Beat Estimates
by Zacks Equity Research
High oil-equivalent barrels and price aid Viper Energy's (VNOM) Q3 earnings.
The Zacks Analyst Blog Highlights: Advanced Micro Devices, Blackstone and Chevron
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Advanced Micro Devices, Blackstone and Chevron
Zacks Industry Outlook Highlights: Exxon Mobil, Chevron, BP and Eni
by Zacks Equity Research
Zacks Industry Outlook Highlights: Exxon Mobil, Chevron, BP and Eni
Fair Value? Yes, Fair Value! Zacks NOV 2021 Market Strategy
by John Blank
To Nov. 1st. the S&P 500 YTD gain was +22.5%. To Sept. 1st, the S&P 500 YTD gain was +20.7%. The bull trend remains fully intact, heading into the final stretch of 2021.
4 Energy Stocks From the Recovering Integrated Oil Industry
by Nilanjan Banerjee
Economies are now reopening with more people socializing and going to work, brightening up the outlook for the Zacks Oil and Gas Integrated International industry. Among the pack, ExxonMobil (XOM), Chevron (CVX), BP and Eni (E) are well-positioned to make the most of the exploding fuel demand.
EOG Resources (EOG) Q3 Earnings & Revenues Beat Estimates
by Zacks Equity Research
Higher commodity prices and production volumes aid EOG Resources' (EOG) Q3 earnings.
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, Royal Dutch Shell, TotalEnergies and Eni
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, Royal Dutch Shell, TotalEnergies and Eni
The Zacks Analyst Blog Highlights: Chevron, Microsoft, Dow, McDonald's and Home Depot
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Chevron, Microsoft, Dow, McDonald's and Home Depot
Should You Invest in the iShares U.S. Energy ETF (IYE)?
by Zacks Equity Research
Sector ETF report for IYE
Oil & Gas Stock Roundup: A Whole Lot of Big Oil Earnings
by Nilanjan Choudhury
Energy supermajors ExxonMobil (XOM), Chevron (CVX), TotalEnergies (TTE) and Eni (E) turned in a better-than-expected third-quarter earnings helped by higher commodity prices. The only exception was Royal Dutch Shell (RDS.A), which reported an underwhelming bottom line.
5 Blue-Chip Stock to Buy as Dow Crosses a Fresh Milestone
by Nalak Das
We have narrowed down our search to five Dow stocks with strong growth potential for the ensuing quarter. These are: CVX, DOW, MCD, HD and MSFT.
Shell (RDS.A) Signs Deal to Acquire Retail & Convenience Sites
by Zacks Equity Research
With the acquisition, Shell (RDS.A) continues to expand its brand presence in the United States and expects its customers to gain from enhanced fueling options.
Should First Trust Morningstar Dividend Leaders ETF (FDL) Be on Your Investing Radar?
by Zacks Equity Research
Style Box ETF report for FDL
3 Reasons Growth Investors Will Love Chevron (CVX)
by Zacks Equity Research
Chevron (CVX) could produce exceptional returns because of its solid growth attributes.
Energy ETFs to Rally on Upbeat Exxon, Chevron Q2 Earnings
by Sweta Killa
Exxon Mobil posted its biggest quarterly profit in seven years while Chevron logged its biggest earnings since first-quarter 2013.
E or CVX: Which Is the Better Value Stock Right Now?
by Zacks Equity Research
E vs. CVX: Which Stock Is the Better Value Option?
Company News for Nov 1, 2021
by Zacks Equity Research
Companies In The News Are: DXCM, RSG, ABBV, CVX.
Matador (MTDR) Stock Slips 7.1% Despite Q3 Earnings Beat
by Zacks Equity Research
Higher commodity price realizations and increased production volumes aid Matador's (MTDR) Q3 earnings.
ExxonMobil (XOM) Tops Q3 Earnings Estimates, Plans $10B Buyback
by Zacks Equity Research
Improved realized oil and natural gas prices as well as higher refining and chemical margins aid ExxonMobil's (XOM) Q3 earnings.
Gaps Reported in Earnings, Spending; Exxon, Chevron Beat in Q3
by Mark Vickery
It's the last trading day for the month of October, which marks a nice rebound from a troubled September on the markets.
Personal Income Declined in September
by Zacks Equity Research
Personal Income Declined in September
Chevron (CVX) Q3 Earnings Top, Sets Free Cash Flow Record
by Zacks Equity Research
Chevron (CVX) recorded $8.6 billion in cash flow from operations, more than doubling from $3.5 billion a year ago.
Chevron (CVX) Surpasses Q3 Earnings and Revenue Estimates
by Zacks Equity Research
Chevron (CVX) delivered earnings and revenue surprises of 33.94% and 5.28%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?