Chevron(CVX)

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The Zacks Analyst Blog Canadian Natural Resources Limited, Chevron and Kinder Morgan
ZACKS· 2024-12-30 08:16
For Immediate ReleasesChicago, IL – December 30, 2024 – Zacks.com announces the list of stocks and featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Canadian Natural Resources Limited (CNQ) , Chevron (CVX) and Kinder Morgan (KMI) .Here are highlights from Monday’s Analyst Blog:3 High-Yield Energy Giants That Are Worth a Closer LookAs 2024 draws to a close, Wall ...
3 Top Energy Stocks to Buy in 2025
The Motley Fool· 2024-12-29 13:21
Chevron - Chevron has a strong balance sheet with a debt-to-equity ratio of 0.2, providing flexibility to leverage during energy downturns [1] - The company offers an attractive 4.5% dividend yield, making it a compelling investment [1] - Chevron has a 37-year streak of annual dividend increases, showcasing its reliability [13] - As an integrated energy company, Chevron operates across upstream, midstream, and downstream sectors, which helps mitigate industry volatility [8] Enterprise Products Partners - Enterprise Products Partners had a solid year in 2024, with a 5% growth in distributable cash flow in Q3 and a 5% increase in distribution payments [14] - The company has several organic expansion projects expected to enter commercial service in 2025, driving cash flow growth [2] - The acquisition of Pinon Midstream for $950 million is expected to add $0.03 per unit in 2025, with further upside potential [3] - The company’s distribution yield is 6.8%, significantly higher than the S&P 500 average of 1.2% [9] Occidental Petroleum - Occidental Petroleum has sufficient cash to repay debt maturing in 2025 and aims to further reduce debt even in a low-oil price environment [5] - The company has already achieved 90% of its $4.5 billion debt reduction target within three months of the CrownRock acquisition, driven by strong Q3 cash flow [16] - CrownRock’s assets in the Permian Basin are contributing to Occidental’s production and cash flows [11] - Occidental’s low-carbon ventures and OxyChem businesses are additional growth catalysts [11] Energy Sector Overview - Energy stocks in the S&P 500 underperformed in 2025, with the Energy Select Sector SPDR Fund up only 1%, compared to the S&P 500’s 25% rally [6] - Occidental Petroleum was one of the largest underperformers in 2024, losing 19% of its value, partly due to debt from the CrownRock acquisition [10] - Chevron, Enterprise Products Partners, and Occidental Petroleum are expected to deliver strong performances in 2025 [12]
2 Bold Oil Stock Predictions for 2025
The Motley Fool· 2024-12-28 11:26
This past year has been a relatively quiet one for the oil market. After a brief bounce, crude prices are on track to end 2024 in the low $70s -- right around where they began the year. There haven't been any major supply disruptions, and demand has remained resilient. It's anyone's guess what oil prices will do in 2025. I've seen predictions that crude will remain around its current level next year, while other prognosticators believe it could collapse to $50 a barrel. Given that oil prices are tough to pr ...
Chevon's Sanha Gas Project Delivers First Gas From Angola
ZACKS· 2024-12-27 13:21
Chevron Corporation (CVX) , through its Angola’s subsidiary Cabinda Gulf Oil Company (“CABGOC”), has reached a milestone in the development of the country’s energy infrastructure with the successful first gas production from the Sanha Lean Gas Connection project. This achievement is critical to Chevron’s broader strategy to enhance Angola’s energy security, diversify economy and boost its standing as a key player in the global natural gas market. The Sanha Lean Gas Connection is designed to provide a reliab ...
Chevron-Woodside's Asset Swap Strategy to Unlock New Opportunities
ZACKS· 2024-12-26 13:41
Chevron Corporation (CVX) and Woodside Energy have agreed on an asset swap deal to restructure their portfolios and focus on their core projects in Australia. This strategic swap should support both companies to fulfill their long-term goals, focus on efficiency and enhance sustainability.Per the proposed transaction, Woodside will acquire Chevron’s 16.67% interests in the North West Shelf (NWS) Project, the NWS Oil Project and a 20% stake in the Angel Carbon Capture and Storage (CCS) initiative. In exchang ...
Chevron: Technically And Fundamentally Compelling
Seeking Alpha· 2024-12-24 12:03
A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities.Analyst’s Disclosure: I/we have a beneficial long position in the shares of CVX either through stock ownership, options, or other derivatives. I wrote this ...
Chevron (CVX) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-12-23 23:51
Chevron (CVX) closed at $142.97 in the latest trading session, marking a +0.08% move from the prior day. The stock lagged the S&P 500's daily gain of 0.73%. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq increased by 0.98%.Prior to today's trading, shares of the oil company had lost 12.02% over the past month. This has lagged the Oils-Energy sector's loss of 9.2% and the S&P 500's gain of 0.34% in that time.The investment community will be closely monitoring the per ...
Chevron Signs Major LNG Agreement With Energy Transfer's Lake Charles
ZACKS· 2024-12-23 14:15
Chevron Corporation (CVX) , one of the largest publicly traded oil and gas companies in the world, recently entered into a landmark 20-year agreement with Energy Transfer (ET) , securing a significant supply of liquefied natural gas (“LNG”) from the latter’s Lake Charles terminal in Louisiana. This deal marks a critical moment in the U.S. energy sector and sets the stage for a deeper integration of U.S. LNG in global markets. As global demand for clean and reliable energy sources grows, this agreement highl ...
Higher For Longer: Why Dividend Stocks Will Dominate 2025 And Beyond
Seeking Alpha· 2024-12-23 12:30
Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .As we're headed into the last trading days of 2024, I am thankful for many things, including, but not limited to, my health (knock on wood), the fast growth of the community we're building on Seeking Alpha (thanks to more than 38,000 readers!), and theAnalyst’s Disclosure: I/we ...
Energy Transfer Brings On Chevron to Support This Potential Needle-Moving Growth Project
The Motley Fool· 2024-12-23 09:35
Energy Transfer (ET 3.23%) has long sought to convert its existing Lake Charles LNG import and regasification facility to a liquified natural gas (LNG) export terminal. It started working on that project about a decade ago. It has encountered several obstacles along the way, including turbulent market conditions and regulatory issues. However, after many delays, the master limited partnership (MLP) is getting closer to making a positive Final Investment Decision on that project. It recently took another cru ...