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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 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.
Insiders Are Buying Prairie Operating Co. - Should You Too?
by Nilanjan Choudhury
Insider buying and Citi's bullish $8 target put PROP in focus, but dilution and execution risks still loom large.
Do Options Traders Know Something About Chevron Stock We Don't?
by Zacks Equity Research
Investors need to pay close attention to CVX stock based on the movements in the options market lately.
Is ExxonMobil's Plan for $35 Oil Breakeven Going to be a Game Changer?
by Nilanjan Banerjee
XOM aims to cut its oil breakeven to $35 by 2027 and $30 by 2030, boosting resilience even in low-price markets.
Will Chevron's Dividend Growth Outlook Weaken Amid Headwinds?
by Nilanjan Choudhury
CVX's dividend remains reliable, but reinvestment needs and lost cash flow may slow down its payout growth in the near term.
Chevron Advances Global Workforce Reduction Plan With Texas Layoffs
by Zacks Equity Research
CVX to lay off nearly 200 Texas workers in July as part of a global workforce cut of up to 20% by 2026, to reduce costs and streamline its operations.
Chevron Down 16% in 6 Months - Should You Rethink the Stock?
by Nilanjan Choudhury
CVX stock has come under pressure in recent months as legal hurdles, Venezuela losses, and falling EPS estimates weigh on its outlook.
Chevron Corporation (CVX) is Attracting Investor Attention: Here is What You Should Know
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.
Who Will Win Guyana's Oil? Chevron and ExxonMobil Face Off
by Nilanjan Choudhury
XOM and CVX battle in arbitration over Hess' stake in Guyana's oil-rich Stabroek Block, with 11B barrels and industry influence on the line.
Chevron May Receive Limited Maintenance License for Venezuela
by Zacks Equity Research
CVX is set to receive a minimal license for safety-only work in Venezuela as U.S. policy shifts back to stricter Trump-era sanctions.
Chevron vs. Petrobras: Is Either Oil Giant Worth Holding Onto Now?
by Nilanjan Choudhury
CVX and PBR face falling cash flow, rising debt and earnings pressure. Both stocks are now rated Strong Sell amid mounting macro and company-specific risks.