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3 Dividend Stocks With Yields Between 4.5% and 7% to Power Your Passive Income Stream in 2025
The Motley Fool· 2024-12-22 11:15
The dividend yield of the S&P 500 has decreased in recent years due to the dominance of growth stocks in the index and stock prices outpacing dividend growth rates. With the index now yielding just 1.3%, investors looking for stocks to boost their passive income stream may want to consider higher-yielding options.Chevron (CVX 1.20%), United Parcel Service (UPS 2.47%), and the chemical specialist Dow (DOW 2.15%) yield 4.5%, 5.3%, and 7%, respectively, at the time of this writing. All three companies have sol ...
Oil Titans Face Off: Exxon Mobil or Chevron for 2025 Gains?
MarketBeat· 2024-12-21 12:30
There are several reasons to believe that 2025 may be a gusher for long-suffering investors in the oil sector. Despite the United States pumping more oil than ever before, energy stocks, in general, have underperformed the market in 2023 and 2024. That underperformance speaks to the cyclical nature of supply and demand throughout the world. An easy way to invest in the oil sector is through an exchange-traded fund (ETF) such as the Energy Select SPDR Fund NYSEARCA: XLE. This fund holds approximately two do ...
Why I Just Bought More Chevron Stock and Plan to Continue Loading Up On the Oil Giant in 2025
The Motley Fool· 2024-12-21 10:21
I've been steadily buying shares of Chevron (CVX 1.20%) over the past couple of years. The main driver is the oil giant's high-yielding dividend, which provides me with a growing passive income stream. However, that's not the only catalyst. I think Chevron has the fuel to produce strong total returns over the coming years. Here's a closer look at why I can't seem to get enough of Chevron stock.A lucrative income streamChevron is an elite dividend stock. It has increased its dividend for 37 straight years, t ...
Permian Powerhouses: 3 Oil Stocks to Watch Closely in 2025
ZACKS· 2024-12-19 14:31
Permian Basin Overview - The Permian Basin produces approximately 47% of US crude oil and 8% of global supply, with a record-breaking production of 6.3 million barrels per day (bpd) in Q3 [1] - Goldman Sachs forecasts an additional 270,000 bpd growth by 2026, following a 520,000 bpd increase in 2023 [3] - The Energy Information Administration (EIA) predicts US crude production will reach 13.2 million bpd in 2024 and 13.5 million bpd in 2025, with the Permian Basin leading the growth [3] Strategic Advantages - The Permian Basin benefits from record-breaking rig productivity and proximity to Gulf Coast refineries and export terminals, providing a strategic advantage [4] - Ongoing infrastructure improvements ensure the basin remains a cornerstone of US energy production for years to come [4] Key Players in the Permian Basin - ExxonMobil, Diamondback Energy, and Chevron are major players leveraging the Permian Basin's potential to create shareholder value [2][5] ExxonMobil - ExxonMobil's $59.5 billion acquisition of Pioneer Natural Resources extends its Permian Basin reserves, ensuring a production runway of over 15 years at a low supply cost of $35-$40 per barrel [6] - The acquisition doubled ExxonMobil's production capacity in the region to 1.3 million barrels of oil equivalent per day (MMBOE/d), exceeding 1.4 MMBOE/d in Q3 2024 [6] - The company aims to expand production to 2 MMBOE/d by 2027, positioning itself for sustained growth in one of the most profitable oil basins globally [6] Diamondback Energy - Diamondback Energy focuses on the Wolfcamp, Spraberry, and Bone Spring formations, leveraging innovative technologies and strategic mergers [7] - The acquisition of Endeavor added nearly 1 million acres in the Permian Basin, increasing production capabilities to 850,000 barrels of oil equivalent per day, with crude oil comprising 56% [7] Chevron - Chevron's Q3 2024 performance benefited from record production in the Permian Basin, contributing to a 7% year-over-year increase in worldwide oil-equivalent production [8] - The company plans to invest $4.5 billion to $5 billion in the Permian Basin next year, demonstrating its ability to capitalize on vast reserves and optimize output [8]
Chevron: The Superior Supermajor
Seeking Alpha· 2024-12-19 06:56
In the last ten years, Chevron Corp (NYSE: CVX ) has been the best performing Supermajor in terms of price change. Granted, the performance of the sector has not been particularly amazing as volatile energy prices and volatile energy policy and some flipAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in CVX over ...
How Much Will Chevron Pay Out in Dividends in 2025?
The Motley Fool· 2024-12-18 20:25
Oil giant Chevron (CVX -1.35%) is a favorite among yield-seeking investors. Its 4.2% dividend yield, 37-year history of raising its dividend annually, and cash-gushing business give investors confidence it can reward them with significant passive income in the coming years. Here's what to expect in dividends in 2025.Chevron could hike its dividendThe oil major's current quarterly dividend is $1.63 per share, making an annual dividend of $6.52. Moreover, there's good reason to believe Chevron will raise its ...
Chevron: Cash, Baby, Cash Is Good News For Shareholders
Seeking Alpha· 2024-12-18 15:30
Vladimir Dimitrov, CFA is a former strategy consultant within the field of brand and intangible assets valuation. During his career in the City of London he has been working with some of the largest global brands within the technology, telecom and banking sectors.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 article myself, and it expresses my own opinions. I am not receiving compensation for it (ot ...
Chevron Secures Long-Term Gas Supply Deal With Alcoa in Australia
ZACKS· 2024-12-18 13:36
Chevron Corporation’s (CVX) subsidiary, Chevron Australia, has successfully signed a monumental long-term sale and purchase agreement with Alcoa, one of Australia’s largest aluminium producers. This agreement guarantees the supply of natural gas to Alcoa’s operations for the next decade, starting from Jan. 1, 2028. Over the course of the 10-year contract, Chevron will deliver a total of 130 petajoules (“PJ”) of natural gas, sourced from its extensive gas operations in Western Australia (“WA”). Chevron’s Str ...
Chevron (CVX) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-12-17 23:51
Chevron (CVX) closed at $148.11 in the latest trading session, marking a -0.84% move from the prior day. This change lagged the S&P 500's daily loss of 0.39%. Meanwhile, the Dow experienced a drop of 0.61%, and the technology-dominated Nasdaq saw a decrease of 0.32%.Prior to today's trading, shares of the oil company had lost 7.09% over the past month. This has lagged the Oils-Energy sector's loss of 5.09% and the S&P 500's gain of 3.6% in that time.Market participants will be closely following the financia ...
Chevron's Spending Shift: Should You Buy the Stock for 2025?
ZACKS· 2024-12-17 15:05
Chevron Corporation (CVX) is making strategic moves to balance its growth aspirations and shareholder returns. Recently, the company announced a $2 billion reduction in its 2025 capital spending, including a notable decrease in investments in the Permian Basin, its most productive asset. Chevron plans to allocate $4.5 billion to $5 billion to the Permian, down from the 2024 levels, shifting its focus from aggressive production growth to maximizing free cash flow. This strategic pivot is reflective of the in ...