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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.
How to Invest for the 2021 Earnings Boom
by Tracey Ryniec
First quarter earnings are expected to be up 19.3% year-over-year with even stronger growth later in the year.
Here's Why ExxonMobil (XOM) is an Attractive Investment Bet Now
by Zacks Equity Research
To win investors' favor, ExxonMobil (XOM) is not focusing aggressively on oil & gas productions. Instead, it is putting emphasizing on preserving capital for shareholders and reducing costs.
Chevron (CVX) Signs 10-Year Maintenance Master Pact With AusGroup
by Zacks Equity Research
Per the contract, Chevron (CVX) Australia will order full-service asset maintenance from AGC for its onshore and offshore natural gas and oil production facilities in the north-west region.
Oil & Gas Stock Roundup: Chevron's Kitimat Decision, NOV's Subdued Outllook & More
by Nilanjan Choudhury
Integrated major Chevron (CVX) decided to stop funding its Kitimat LNG export project in Western Canada, while oilfield services biggie NOV Inc. (NOV) issued a revenue warning for the first quarter of 2021.
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, Diamondback Energy, Ovintiv and EOG Resources
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, Diamondback Energy, Ovintiv and EOG Resources
Chevron (CVX) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Chevron (CVX) closed at $102.50, marking a -0.85% move from the previous day.
Chevron (CVX) Decides to Stall Funding of Kitimat LNG Project
by Zacks Equity Research
Chevron (CVX) has Woodside Energy Limited of Australia as the 50-50 joint-venture partner in the Kitimat LNG project.
Exxon, Chevron & 3 Other Energy Stocks to Buy on the Dip
by Nilanjan Choudhury
Savvy investors could use the temporary decline in an upward trending energy market to buy stocks like ExxonMobil (XOM), Chevron (CVX), Diamondback (FANG), Ovintiv (OVV) and EOG Resources (EOG) at a discount.
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, Deere, Caterpillar, Goldman Sachs and NIKE
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, Deere, Caterpillar, Goldman Sachs and NIKE
Stock Market News for Mar 19, 2021
by Zacks Equity Research
Benchmarks closed sharply lower on Thursday as spike in U.S. Treasury yields fueled rotation into cyclical sectors expected to benefit from the rebound in economic growth
Transitory Inflation May be Good for U.S. Economy: 6 Picks
by Nalak Das
We have narrowed down our search to six U.S. corporate behemoths that have strong upside potential for 2021. These are: XOM, CVX, DE, CAT, NKE and GS.
ESG ETFs: Doing Well by Doing Good?
by Neena Mishra
ESG investing is becoming very popular; here's why.
Forum Energy, Deepsea Technologies Team Up for Tech Support
by Zacks Equity Research
Forum Energy (FET) enters a partnership agreement with Deepsea Technologies to represent its Brazil-based operations, and receive business development and engineering support in the country.
Oil & Gas Stock Roundup: News From Chevron, Equinor, Shell, ConocoPhillips & APA
by Nilanjan Choudhury
Integrated major Chevron (CVX) earmarked growth action in its annual analyst meeting, while Norway's Equinor (EQNR) struck oil in the Barents Sea.
Oil Falls After EIA Reports Inventory Build on All Fronts
by Nilanjan Choudhury
Despite yesterday's fall, some of the top gainers of the S&P 500 this year are energy-related names like Marathon Oil (MRO), Diamondback Energy (FANG), Occidental Petroleum (OXY), Devon Energy (DVN) and HollyFrontier (HFC).
Looking Ahead to Q1 2021 Earnings Season
by Sheraz Mian
Total 2021 Q1 earnings are currently expected to be up +19.3% from the same period last year on +5.3% higher revenues...
Top Stock Reports for Alphabet, Facebook & The Home Depot
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Alphabet (GOOGL), Facebook (FB), and The Home Depot (HD).
Top Ranked Momentum Stocks to Buy for March 17th
by Zacks Equity Research
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, March 17th
Stock Market News for Mar 17, 2021
by Zacks Equity Research
The Dow and the S&P 500 snapped their record winning streak to end in the red on Tuesday after a series of economic data disappointed investors as they await results from the Federal Reserve policy meeting scheduled to release today
HighPoint Seeks Bankruptcy Protection to Close Merger Deal
by Zacks Equity Research
HighPoint (HPR) files Chapter 11 bankruptcy petition in the U.S Bankruptcy Court of Delaware to restructure its debt and keep the previously-announced merger deal with Bonanza Creek (BCEI) alive.
TOTAL (TOT) Gets Third LNG Bunker Supplier License From MPA
by Zacks Equity Research
TOTAL's (TOT) unit receives a five-year LNG bunker supplier license from the MPA.
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, Deere & Co, Capital One Financial and ConocoPhillips
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, Deere & Co, Capital One Financial and ConocoPhillips
Chevron (CVX) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Chevron (CVX) closed the most recent trading day at $110.25, moving -1.17% from the previous trading session.
Earnings Estimates Rising for Chevron (CVX): Will It Gain?
by Zacks Equity Research
Chevron (CVX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Is Chevron (CVX) Outperforming Other Oils-Energy Stocks This Year?
by Zacks Equity Research
Is (CVX) Outperforming Other Oils-Energy Stocks This Year?