Latest news with #ChevronCorporation
Yahoo
2 days ago
- Business
- Yahoo
Why Yield-Focused Investors Favor Chevron (CVX) in the Dogs of the Dow Portfolio
Chevron Corporation (NYSE:CVX) is included among the 11 Dogs of the Dow Dividend Stocks to Buy Now. An aerial view of an oil rig at sea, the sun glinting off its structure. It is currently facing some company-specific challenges, including a complicated merger and operations in politically unstable regions. However, these issues are unlikely to affect its long-term prospects. Income-focused investors can generally feel confident investing in Chevron. Chevron Corporation (NYSE:CVX)'s integrated business model, covering everything from exploration and production to refining and chemicals, offers operational flexibility and acts as a natural hedge against fluctuations in energy prices, enhancing its resilience through market cycles. Unlike many competitors who chase volume growth, Chevron takes a disciplined approach, investing only in its highest-return projects, avoiding overexpansion during booms, and making strategic, value-adding acquisitions. This strategy, along with a strong balance sheet, establishes Chevron Corporation (NYSE:CVX) as a leading operator with the financial strength to endure downturns and seize growth opportunities. The company has been growing its dividends for 38 consecutive years and currently offers a quarterly dividend of $1.71 per share. As of July 26, the stock has a dividend yield of 4.42%. 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.
Yahoo
6 days 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
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
09-07-2025
- Business
- Yahoo
Advisory: Chevron Corporation's 2Q 2025 Earnings Conference Call and Webcast
HOUSTON, July 09, 2025--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX), one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, August 1, 2025, at 11:00 a.m. ET (10:00 a.m. CT). Conference Call Information:Date: Friday, August 1, 2025Time: 11:00 a.m. ET / 10:00 a.m. CTDial-in # (Listen-only mode): 888-240-9352Conference ID #: 7352942 Speakers:Mike Wirth – Chairman of the Board & Chief Executive OfficerMark Nelson – Vice ChairmanEimear Bonner – Vice President & Chief Financial OfficerJake Spiering – Head of Investor Relations To access the live webcast, visit The meeting replay will also be available on the company website under the "Investors" section. Chevron is one of the world's leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We aim to grow our oil and gas business, lower the carbon intensity of our operations, grow new energies businesses, and invest in emerging technologies. More information about Chevron is available at View source version on Contacts Media Contact:Randy Stuart+1 (713) 283-8609
Business Wire
09-07-2025
- Business
- Business Wire
Advisory: Chevron Corporation's 2Q 2025 Earnings Conference Call and Webcast
HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX), one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, August 1, 2025, at 11:00 a.m. ET (10:00 a.m. CT). Conference Call Information: Time: 11:00 a.m. ET / 10:00 a.m. CT Dial-in # (Listen-only mode): 888-240-9352 Conference ID #: 7352942 Speakers: Mike Wirth – Chairman of the Board & Chief Executive Officer Mark Nelson – Vice Chairman Eimear Bonner – Vice President & Chief Financial Officer Jake Spiering – Head of Investor Relations To access the live webcast, visit The meeting replay will also be available on the company website under the 'Investors' section. Chevron is one of the world's leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We aim to grow our oil and gas business, lower the carbon intensity of our operations, grow new energies businesses, and invest in emerging technologies. More information about Chevron is available at
