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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.
Shale Oil & Gas M&As Pick Up: Here's What Investors Must Know
by Kaibalya Pravo Dey
While most shale producers are suffering from a lack of access to capital, energy market volatility creates a window of opportunities for ConocoPhillips (COP), Chevron (CVX), Pioneer (PXD) and others.
The Zacks Analyst Blog Highlights: Pioneer Natural, ConocoPhillips, Concho, Devon and Chevron
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Pioneer Natural, ConocoPhillips, Concho, Devon and Chevron
Analysts Estimate Chevron (CVX) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
Chevron (CVX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
What's Behind the Recent Frenzy of U.S. Energy M&A Deals?
by Nilanjan Choudhury
Big energy companies, such as Chevron (CVX), Pioneer Natural (PXD), ConocoPhillips (COP) and Devon Energy (DVN) have all recently acquired smaller firms with attractive asset bases.
The Zacks Analyst Blog Highlights: NVIDIA, Salesforce, AstraZeneca, JPMorgan and Chevron
by Zacks Equity Research
The Zacks Analyst Blog Highlights: NVIDIA, Salesforce, AstraZeneca, JPMorgan and Chevron
Pioneer's (PXD) $4.5B Buyout Deal With Parsley is Official Now
by Zacks Equity Research
Pioneer's (PXD) deal with Parsley (PE) will create cost synergy that will help the combined entity combat the coronavirus-induced low oil pricing scenario.
Chevron (CVX) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Chevron (CVX) closed the most recent trading day at $71.70, moving +0.59% from the previous trading session.
Pioneer (PXD) in Talks to Buy Parsley: What You Should Know
by Zacks Equity Research
Pioneer Natural (PXD) to acquire Parsley Energy (PE) in the Permian Basin. They are likely to follow the footsteps of ConocoPhillips, Chevron & others that have carried out M&As in this crisis period.
ConocoPhillips Confirms $9.7B Acquisition Deal With Concho
by Zacks Equity Research
Apart from the all-stock nature of the transaction, another important point that is making most analysts favor the deal is the low debt levels of both ConocoPhillips (COP) and Concho (CXO).
Top Analyst Reports for NVIDIA, salesforce & AstraZeneca
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including NVIDIA (NVDA), salesforce.com (CRM) and AstraZeneca (AZN).
Here's What the EIA's Latest Crude Inventory Report Revealed
by Nilanjan Choudhury
Energy companies including Equinor (EQNR), Chevron (CVX), Shell (RDS.A) and BP plc (BP) had their offshore operations hampered due to Hurricane Delta's landfall.
Energy Earnings Kicks Off: Here's What is Likely to Happen
by Nilanjan Choudhury
Over the next month or so, as we make our way through the earnings deluge, here are five things to look for.
4 Top Energy Stocks to Buy Ahead of Q3 Earnings Release
by Sayantika Bhattacharya
Third-quarter results of the energy stocks are likely to reflect the recovery in prices. This improving trend should aid operators like PE, MUSA, PTEN and SOI.
U.S. Shale Oil Production Descent to Continue in November
by Nilanjan Choudhury
The steep drop in oil prices have forced the shale fraternity to scale back drilling activity and cut their capital budgets significantly.
The Zacks Analyst Blog Highlights: TOT, Alphabet, CVX and Royal Dutch
by Zacks Equity Research
The Zacks Analyst Blog Highlights: TOT, Alphabet, CVX and Royal Dutch
ConocoPhillips in Talks to Buy Concho: What's in Store?
by Zacks Equity Research
ConocoPhillips (COP) and Concho Resources' total production for the second quarter is recorded at 1.3 million barrels of oil equivalent per day, per Bloomberg.
Is Oil Dividend Outlook at Risk Amid Coronavirus Pandemic?
by Nilanjan Banerjee
Some big oil players have strong financial positions to support dividend payments.
TOTAL & Google Cloud's Solar Mapper to Drive Solar Energy Use
by Zacks Equity Research
TOTAL (TOT) and Google Cloud develop a new tool, Solar Mapper, which could increase the installation of solar panels in individual houses and lower emissions.
Chevron (CVX) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Chevron (CVX) closed the most recent trading day at $74.51, moving +0.69% from the previous trading session.
Chevron Allies With Brightmark for Dairy Biomethane Project
by Zacks Equity Research
Chevron (CVX) announces a partnership with Brightmark to produce and market dairy biomethane for transportation fuel.
4 Must-Buy Stocks as More Employees Prefer to Work From Home
by Ritujay Ghosh
The decision to allow employees to work from home is coming at a time when childcare, education and safety concerns are on the rise.
4 International Oil Stocks to Escape Coronavirus-Led Industry Woes
by Nilanjan Banerjee
Social-distancing measures to combat coronavirus have dented global fuel demand and clouded the outlook for the Zacks Oil and Gas Integrated International industry. But with oil prices improving steadily, XOM, CVX, RDS.A and TOT should do well on strong fundamentals.
The Zacks Analyst Blog Highlights: BP, Equinor, Royal Dutch and Chevron
by Zacks Equity Research
The Zacks Analyst Blog Highlights: BP, Equinor, Royal Dutch and Chevron
Chevron (CVX) Announces Noble Energy Acquisition Deal Closure
by Zacks Equity Research
The takeover deal will expand Chevron's (CVX) international presence. It can now access Noble Energy's low-cost, proven reserves along with its cash-generating offshore assets in Israel.
Canadian Natural Concludes Acquisition Deal With Painted Pony
by Zacks Equity Research
Per the takeover deal, Canadian Natural (CNQ) acquires Painted Pony's outstanding shares worth 69 Canadian cents per share.