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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) to Proceed With J-IC Project in Australia
by Zacks Equity Research
The J-IC project marks a major capital investment for Chevron (CVX) in Australia, since the Gorgon Stage 2 project approval in 2018.
Stock Market News for Jul 2, 2021
by Zacks Equity Research
Wall Street closed higher on Thursday following strong economic data.
TotalEnergies (TTE) Partners Uber to Cut Urban Mobility Emission
by Zacks Equity Research
TotalEnergies (TTE) joins forces with Uber to expand the electric vehicle charging infrastructure in France. This is likely to assist the company in cutting transportation-related emission in France.
Zacks Industry Outlook Highlights: Exxon Mobil, Chevron, PetroChina, Gazprom and Repsol
by Zacks Equity Research
Zacks Industry Outlook Highlights: Exxon Mobil, Chevron, PetroChina, Gazprom and Repsol
Chevron (CVX) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Chevron (CVX) closed at $103.76, marking a -0.22% move from the previous day.
Chevron (CVX) Won't Trim Its Oil & Gas Business for Renewables
by Zacks Equity Research
Chevron (CVX) plans to park $2 billion of its overall investment in curtailing emissions from its operations and another $750 million in developing renewable fuels, such as renewable natural gas.
Stock Market News for Jun 29, 2021
by Zacks Equity Research
Benchmarks closed mixed on Monday as investors focused on quarter-end corporate earnings results and discussions surrounding the bipartisan infrastructure bill
International Oil Industry is Back on Track: 5 Solid Stocks to Gain
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. XOM, CVX, PTR, GZPFY and REPYY are well positioned to make the most of the exploding fuel demand.
TotalEnergies (TTE) Wins Licenses in Suriname, Boosts Operation
by Zacks Equity Research
TotalEnergies (TTE) further expands oil and gas operations in South America with the receipt of exploration licenses in offshore Suriname.
Chevron (CVX) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Chevron (CVX) closed the most recent trading day at $106.40, moving +0.33% from the previous trading session.
Can Energy Stocks & ETFs Continue Their Hot Streak?
by Neena Mishra
We discuss the oil market outlook, and best energy stocks & ETFs.
Shell (RDS.A) May Exit Prolific Permian Operations for $10B
by Zacks Equity Research
Shell (RDS.A) may divest Permian assets to focus more on clean energy.
Dream Finders Homes, Harmonic, Clean Energy Fuels, BP and Chevron highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Dream Finders Homes, Harmonic, Clean Energy Fuels, BP and Chevron highlighted as Zacks Bull and Bear of the Day
The Zacks Analyst Blog Highlights: Chevron, Accenture, Anheuser-Busch InBev, VMware and Barclays
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Chevron, Accenture, Anheuser-Busch InBev, VMware and Barclays
Zacks Earnings Trends Highlights: Dow, JPMorgan, Chevron and Google
by Zacks Equity Research
Zacks Earnings Trends Highlights: Dow, JPMorgan, Chevron and Google
What Will Q2 Earnings Season Show?
by Sheraz Mian
We continue to believe that positive revisions to estimates is the part of the earnings story that stock market investors should find the most reassuring, as this provides the most convincing fundamental rationale for stocks to hold onto and build onto their values.
Top Analyst Reports for Chevron, Accenture & Anheuser-Busch
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Chevron (CVX), Accenture (ACN), and Anheuser-Busch InBev (BUD).
RDS.A vs. CVX: Which Stock Should Value Investors Buy Now?
by Zacks Equity Research
RDS.A vs. CVX: Which Stock Is the Better Value Option?
Chevron (CVX) to Restart Gorgon Project Train 3 Post Testing
by Zacks Equity Research
Chevron's (CVX) Train 3 at its Gorgon liquefied natural gas facility Down Under remains stalled since April for maintenance and weld checks.
Is it Worth Betting on Hot Meme Stock Clean Energy (CLNE)?
by Jewel Saha
Despite the buzz, Clean Energy Fuels (CLNE) is a grossly overvalued stock. Hence, it is best to avoid the stock now.
Markets Sag Again Ahead of Fed Presser Wednesday
by Mark Vickery
Fed Chair Jay Powell's appearance for the first time since early May is the big event of the week.
Chevron (CVX) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Chevron (CVX) closed the most recent trading day at $107.97, moving +0.06% from the previous trading session.
Occidental (OXY) to Divest Assets Worth $508M, Reduce Debt
by Zacks Equity Research
Occidental (OXY) continues with the systematic non-core assets divestiture plan. The company is utilizing the net proceeds to reduce outstanding debt and lower capital servicing costs.
Zacks Earnings Trends Highlights: Dow, JPMorgan, Chevron and Alphabet
by Zacks Equity Research
Zacks Earnings Trends Highlights: Dow, JPMorgan, Chevron and Alphabet
TotalEnergies (TOT) to Expand EV Charging Setup in Europe
by Zacks Equity Research
TotalEnergies (TOT) continues to expand EV charging point operations. It is well on course to meet the target of installing 150,000 electric vehicle charging points by 2025.