Latest news with #CVX
Yahoo
8 hours ago
- Business
- Yahoo
Is Chevron (CVX) a Good Long-Term Stock for Halal Portfolios?
Chevron Corporation (NYSE:CVX) is included among the 11 Best Halal Dividend Stocks to Buy Now. An aerial view of an oil rig at sea, the sun glinting off its structure. The company has long been a reliable choice for investors, particularly those focused on dividends. It has consistently delivered strong cash flows and has increased its dividend for 38 consecutive years. Although its share price tends to move with shifts in oil prices— mirroring the broader volatility seen in the energy sector— Chevron has remained a rewarding option for long-term dividend-focused investors. Chevron Corporation (NYSE:CVX)'s upstream segment remains a major strength and is expected to keep supporting the company's solid financial performance. With contributions from its TCO joint venture in Kazakhstan and its production assets in the Permian Basin and Gulf of America, the company anticipates an additional $10 billion in free cash flow by 2026 if Brent Crude averages $70 per barrel. If prices average $60 per barrel instead, the company still expects around $9 billion in incremental free cash flow from this segment. Currently, Chevron Corporation (NYSE:CVX) offers a quarterly dividend of $1.71 per share and has a dividend yield of 4.56%, as of July 18. While we acknowledge the potential of CVX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Is Chevron (CVX) a Good Investment for Passive Income?
Chevron Corporation (NYSE:CVX) is included among the 12 Best Oil and Gas Dividend Stocks to Buy Now. An aerial view of an oil rig at sea, the sun glinting off its structure. One of the largest oil and gas producers in the world, Chevron Corporation (NYSE:CVX)'s consistently strong financial performance has allowed it to increase its dividend payout for 38 consecutive years. The company has returned over $78 billion to its shareholders over the past three years alone. Chevron Corporation (NYSE:CVX) boasts one of the strongest balance sheets in the industry, with a debt-to-equity ratio of roughly 0.2 at the end of the first quarter of 2025. This allows the energy giant to take on debt during the down cycles of the industry, so it can continue to support its business and sustain payouts. However, the recent slump in crude oil prices is beginning to take its toll, with the company revealing that its share repurchases this year could be between $11.5 billion and $13 billion, which would be at the lower end of its guidance of $10 billion to $20 billion. Chevron Corporation (NYSE:CVX) manufactures and sells a range of high-quality refined products, including gasoline, diesel, marine and aviation fuels, premium base oil, finished lubricants, and fuel oil additives. While we acknowledge the potential of CVX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None. Sign in to access your portfolio
Business Insider
7 days ago
- Business
- Business Insider
CVX, SHEL, XOM: Oil Prices Fall on Renewed Trade Tensions, Russia Sanctions
Prices for crude oil are sliding lower amid heightened trade tensions and as U.S. President Donald Trump threatens tighter sanctions on Russia over the war in Ukraine. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. West Texas Intermediate (WTI) crude oil, the U.S. standard, is down 1% and trading at $65.65 per barrel. Brent crude oil, the international benchmark, is down 0.87% and trading at $67.91 a barrel amid negative news on the trade and geopolitical fronts. The situation is dragging lower the stocks of major oil producers and refiners such as Chevron (CVX), Shell (SHEL), and ExxonMobil (XOM). Crude prices are under pressure after President Trump threatened 35% tariffs on neighboring Canada and 30% tariffs on imports from the European Union (EU) and Mexico starting Aug. 1. Russian Sanctions and OPEC+ The additional tariffs have heightened trade tensions and risk slowing global economic growth and energy demand. At the same time, President Trump has said he will tighten economic sanctions on Russia unless President Vladimir Putin ends the war in Ukraine within 50 days. There is media speculation that President Trump will impose new sanctions on Russian energy exports. President Trump could also support a Senate bill that would levy 500% duties on China and India if they make any purchases of Russian crude oil or other energy products. Additionally, there are reports that OPEC+ is considering a pause in further production increases starting in October, following its next increase in output this September of 548,000 barrels per day. OPEC+ is reportedly growing concerned about a slowdown in global oil demand in the second half of this year that could lead to a supply glut. Is CVX Stock a Buy? The stock of Chevron has a consensus Moderate Buy rating among 17 Wall Street analysts. That rating is based on 10 Buy, five Hold, and two Sell recommendations assigned in the last three months. The average CVX price target of $161.59 implies 7.68% upside from current levels.
Yahoo
15-07-2025
- Business
- Yahoo
What You Need to Know Ahead of Chevron's Earnings Release
Chevron Corporation (CVX), headquartered in Houston, Texas, integrates energy and chemicals operations. With a market cap of $271.2 billion, the company produces and transports crude oil and natural gas, as well as refines, markets, and distributes fuels worldwide. The oil giant is expected to announce its fiscal second-quarter earnings for 2025 before the market opens on Friday, Aug. 1. Ahead of the event, analysts expect CVX to report a profit of $1.61 per share on a diluted basis, down 36.9% from $2.55 per share in the year-ago quarter. The company surpassed the consensus estimates in two of the last four quarters while missing the forecast on two other occasions. Heightened Trade Tensions Weigh on Crude Oil Prices Crude Oil Prices Tumble as Trump Remains Patient with Putin Nat-Gas Prices Soar as US Weather Forecasts Heat Up Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the full year, analysts expect CVX to report EPS of $7.10, down 29.4% from $10.05 in fiscal 2024. However, its EPS is expected to rise 27.6% year-over-year to $9.06 in fiscal 2026. CVX stock has underperformed the S&P 500 Index's ($SPX) 11.6% gains over the past 52 weeks, with shares down 2.5% during this period. However, it slightly outperformed the Energy Select Sector SPDR Fund's (XLE) 2.6% decline over the same time frame. Chevron's struggles can be attributed to a combination of factors, including operational restrictions in Venezuela, fluctuating crude oil prices, geopolitical uncertainties, regulatory restrictions, and cost pressures. Additionally, ongoing disputes with Exxon Mobil Corporation (XOM) over a potential merger with Hess Corporation's (HES) Guyana project have further complicated the situation, ultimately impacting the company's earnings and profitability. On May 2, CVX shares closed up more than 1% after reporting its Q1 results. Its adjusted EPS of $2.18 beat Wall Street expectations of $2.15. The company's revenue was $47.6 billion, falling short of Wall Street forecasts of $48.7 billion. Analysts' consensus opinion on CVX stock is reasonably bullish, with a 'Moderate Buy' rating overall. Out of 22 analysts covering the stock, 11 advise a 'Strong Buy' rating, three suggest a 'Moderate Buy,' six give a 'Hold,' and two recommend a 'Strong Sell.' CVX's average analyst price target is $160.86, indicating a potential upside of 6.1% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
15-07-2025
- Business
- Yahoo
Chevron (CVX) Stock Sinks As Market Gains: Here's Why
Chevron (CVX) closed at $151.65 in the latest trading session, marking a -2.36% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.14%. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.27%. Coming into today, shares of the oil company had gained 6.44% in the past month. In that same time, the Oils-Energy sector gained 2.89%, while the S&P 500 gained 3.97%. The investment community will be closely monitoring the performance of Chevron in its forthcoming earnings report. The company is scheduled to release its earnings on August 1, 2025. The company is predicted to post an EPS of $1.61, indicating a 36.86% decline compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $46.87 billion, showing a 8.41% drop compared to the year-ago quarter. For the full year, the Zacks Consensus Estimates are projecting earnings of $7.12 per share and revenue of $190.14 billion, which would represent changes of -29.15% and -6.24%, respectively, from the prior year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Chevron. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.42% upward. Chevron presently features a Zacks Rank of #3 (Hold). With respect to valuation, Chevron is currently being traded at a Forward P/E ratio of 21.8. This denotes a premium relative to the industry average Forward P/E of 11.14. We can additionally observe that CVX currently boasts a PEG ratio of 2.63. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. CVX's industry had an average PEG ratio of 1.98 as of yesterday's close. The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 170, which puts it in the bottom 32% of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chevron Corporation (CVX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
