Check out the companies making headlines before the bell: Exxon Mobil (XOM) – Exxon Mobil added 2.2% in premarket trading after record profits exceeded analyst forecasts. Higher natural gas prices and...
Tag: Chevron
Exxon Mobil Stock: Will Energy Giants Exxon, Chevron Follow OPEC’s Lead?
Coming off record profits in the second-quarter, Exxon Mobil (XOM) and Chevron (CVX) are expected to again see Q3 earnings skyrocket when they report later this week. Capital spending guidance from th...
Exxon and Oil Giants to Post Stunning Earnings
A warning from President Biden could dampen the party atmosphere for Big Oil’s expected third-quarter earnings bonanza. Biden, who is worried about high gasoline prices, said last week that oil compan...
Can Chevron Profit From Venezuelan Oil?
| Getty Images Key Takeaways Chevron paused operations in 2019 due to sanctions placed by the US aimed at restoring free elections in the country. Venezuela has the world’s largest oil reserves....
Is Big Oil Already Becoming Big Natural Gas? Here Are The 5 Biggest Natural Gas Stocks Worldwide
| Getty Images Key Takeaways The top energy companies tend to be incredibly profitable, whether they are public companies, state-run entities, or privately-owned companies. The biggest oil and gas com...
Venezuela’s U.S. Creditors Take Small Comfort From Sanctions Relief
Venezuela’s creditors welcomed its potential rapprochement with the U.S. but still face risks and uncertainties in collecting from the South American country’s bankrupt government as its relations wit...
Oil Prices Hold Steady. U.S. Said to Be Looking at Relaxing Venezuela Sanctions.
Oil prices on Thursday largely held to gains from the previous session despite a report from The Wall Street Journal that the U.S. government could relax sanctions on Venezuela to allow new supply ont...
Is Chevron stock now a good buy after the latest gains?
Chevron Corporation (NYSE:CVX) buyers have defended the $138 support. The stock is once again proving resilience, posting more than 10% gains in just five days. That comes after reports that OPEC+ wer...
Chevron Sells Global HQs, Downsizes California Office Space Amid Texas Expansion: Report
Reuters European shares tumble on recession angst, grim German inflation data European shares tumbled on Thursday as relief from the Bank of England’s bond buy-back plan to soothe distressed mar...
Is Chevron stock a buy on the dip?
Chevron Corporation (NYSE:CVX) has returned to investors massively this year. At a price of $143, the stock has added 20% year-to-date. The stock touched a high of $180 before retreating. There is no ...
5 Dividend Stocks to Beat Inflation and Rising Interest Rates
Dividend stocks are facing stiffer competition, thanks to a big spike in bond yields. A risk-free 10-Year Treasury note was recently yielding 3.7%, up from 1.63% at the start of 2021. That’s well abov...
This activist investor is pushing Chevron to ‘boost’ oil production
Vivek Ramaswamy – an activist investor who’s exposed to Chevron Corporation (NYSE: CVX) through his recently launched exchange-traded fund wants the energy giant to produce more oil over the next deca...
Buy These 2 Oil Stocks For Big Dividend Hikes (Thanks To Biden)
Declining row of crude oil barrels getty We aren’t falling for this “head fake” oil plunge. Instead we’re buying what I like to call the “Biden barrel discount”— grabbing beaten-down oil stocks with s...
Fed Money Comes To Plug Or Re-Plug Abandoned Wells In USA.
An orphan oil well, for which no one is taking legal or financial responsibility, sits abandoned in … [+] Kern County outside of Bakersfield, California The Washington Post via Getty Images Oil ...
2 Growing Dividends To Buy On The Coming September Dip
American dollars grow on the garden bed on a meadow getty Bad news for your friends who only own “America’s ticker”—the S&P 500. We’re set up for a September swoon that could easily send the SPDR ...
Chevron Ex-Dividend Reminder – 8/18/22
On 8/18/22, Chevron will trade ex-dividend, for its quarterly dividend of $1.42, payable on 9/12/22. As a percentage of CVX’s recent stock price of $157.39, this dividend works out to approximat...
Berkshire 13F: Buffett Likely Bought Apple, Chevron, and Occidental Stock
Text size CEO Warren Buffett and his investment lieutenants didn’t buy as much stock in the second quarter as they did in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshi...
It’s a Good Time to Buy Berkshire Hathaway Stock. Here’s Why.
Text size Berkshire Hathaway CEO Warren Buffett. Johannes Eisele/AFP/Getty Images Berkshire Hathaway has never been in better shape. Its stock looks appealing after pulling back more than 15% from its...
Senate Passes Climate Bill. The Rush to Renewable Energy Is On.
The climate and tax package passed by the Senate on Sunday will unlock around $400 billion in funding for clean energy and accelerate a historic shift in how the world is powered. Along with a paralle...
No, I’m Not Selling Exxon and Chevron Here
Well, that cinches it. The world is in a recession. No, I am not talking about tomorrow’s US non-farm payrolls report, which some clown on an endless clown show FinTV network will inevitably, br...
Enverus Lowers Oil Price Forecast, Rig Count Drops Amid Record Industry Profits
A new report from energy analytics and intelligence firm Enverus projects oil prices to continue to … [+] decline through the end of 2022. getty In the latest signal of a faltering oil market, e...
Cash key for Chevron and Exxon Mobil as Truist raises stock price targets
Chevron Corp. and Exxon Mobil Corp.’s strong cash positions have prompted Truist Securities to raise its price targets for the oil and gas giants, as the stocks of both companies rallied toward fresh ...