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At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.75% per year. These returns cover a period from January 1, 1988 through July 7, 2025. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
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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.
Stock Market News for Nov 24, 2020
by Zacks Equity Research
Benchmarks closed higher on Monday after AstraZeneca and The University of Oxford said its coronavirus vaccine was up to 90% effective in trail.
European vs American Oil Majors: Addressing Climate Change
by Zacks Equity Research
Oil majors in the United States and Europe are undertaking different initiatives to address climate change.
The Zacks Analyst Blog Highlights: Devon Energy, Baker Hughes, Diamondback Energy, Marathon Oil and Chevron
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Devon Energy, Baker Hughes, Diamondback Energy, Marathon Oil and Chevron
U.S. Crude Hits its Highest Price in 2 Months: Here's Why
by Nilanjan Choudhury
Some of the top gainers of the S&P 500 during the past month include energy-related names like Devon Energy (DVN), Baker Hughes Company (BKR), Diamondback Energy (FANG) and Marathon Oil (MRO).
Dow ETF Hits New Highs on Vaccine Optimism: 5 Best Stocks
by Sweta Killa
The Dow Jones hit all-time highs since February, marking its fastest bear market recovery in 30 years.
Energy Stocks Soar in Monday's Trading Session: Here's Why
by Nilanjan Choudhury
Energy was Monday's leading S&P sector performer with notable movers being TechnipFMC (FTI), Schlumberger (SLB), National Oilwell Varco (NOV) and Valero Energy (VLO).
Chevron's (CVX) Noble Energy Fined by Israel for Pollution
by Zacks Equity Research
Chevron's (CVX) Noble Energy fined $1.1 million for breaching conditions for emissions into the sea from its Leviathan gas platform.
Should You Invest in the Fidelity MSCI Energy Index ETF (FENY)?
by Zacks Equity Research
Sector ETF report for FENY
Should You Invest in the Fidelity MSCI Energy Index ETF (FENY)?
by Zacks Equity Research
Sector ETF report for FENY
Occidental (OXY) to Post Q3 Earnings: What's in the Offing?
by Zacks Equity Research
Occidental's (OXY) Q3 output is likely to have got a boost from its Permian assets but disruptive weather in the Gulf of Mexico & declining base production across all its assets may have been woes.
Oil & Gas Stock Roundup: Breaking Down Big Oil Q3 Earnings
by Nilanjan Choudhury
Energy supermajors - ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), BP plc (BP) and TOTAL SE (TOT) - turned in better-than-expected third-quarter bottom line numbers helped by cost cuts.
New Strong Sell Stocks for November 4th
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today.
Energy ETFs in Focus Post Exxon, Chevron Earnings
by Sweta Killa
Earnings from the two U.S. supermajor oil producers, namely Exxon Mobil and Chevron disappointed investors.
Company News for Nov 2, 2020
by Zacks Equity Research
Companies In The News Are: ABBV, HON, CVX, RCL
Personal Income and Expenditure Surge in September
by Zacks Equity Research
Personal Income and Expenditure Surge in September.
Income, Spending Up in September; Plus CVX, HON & More
by Mark Vickery
Personal Income in September rose a better-than-expected 0.9%, following a slight improvement on August's revision to -2.5%.
Chevron (CVX) Q3 Earnings Top Estimates, Cost Cuts Help
by Zacks Equity Research
As of Sep 30, Chevron (CVX) had $6.9 billion in cash and cash equivalents and total debt of $34.8 billion, with a debt-to-total capitalization of about 20.9%.
Chevron (CVX) Q3 Earnings Top Estimates
by Zacks Equity Research
Chevron (CVX) delivered earnings and revenue surprises of 137.93% and -5.85%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Should You Buy Energy ETFs Ahead of Q3 Earnings
by Sweta Killa
Exxon Mobil and Chevron saw positive earnings estimate revisions before the earnings announcement.
Oil & Gas Stocks' Q3 Earnings Due on Oct 30: XOM, CVX & IMO
by Kaibalya Pravo Dey
Amid a lackluster year-over-year commodity price environment, three energy players ??? ExxonMobil (XOM), Chevron (CVX) and Imperial Oil Limited (IMO) ??? are set to report third-quarter results on Oct 30.
Will ExxonMobil's (XOM) Upstream Business Hurt Q3 Earnings?
by Zacks Equity Research
Weaker year-over-year oil prices are likely to have hurt ExxonMobil's (XOM) upstream business in the third quarter.
Shell (RDS.A) Q3 Earnings Top, Sales Slump, Dividend Raised
by Zacks Equity Research
Royal Dutch Shell (RDS.A) boosted its quarterly dividend by about 4% to 16.65 cents after cutting it by two-thirds earlier this year.
What's in the Cards for Chevron (CVX) This Earnings Season?
by Zacks Equity Research
Chevron's (CVX) steadily impressive cost-control efforts are expected to have driven third-quarter earnings and cash flows higher.
EQT Beats Q3 Earnings Estimates, Signs Appalachian Deal
by Zacks Equity Research
Despite coronavirus pandemic-induced lower fuel demand, EQT Corp. (EQT) reports better-than-expected Q3 results, thanks to a decrease in total operating expenses.
4 Oil & Gas Earnings to Watch on Oct 29: COG, DVN, COP & NFE
by Nilanjan Choudhury
Given the dull year-over-year backdrop, four energy players - Cabot (COG), Devon Energy (DVN), ConocoPhillips (COP) and New Fortress Energy (NFE) - are set to report their third-quarter results on Oct 29.