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 ...

If there is one thing that investors can expect when putting money to work in the energy sector, it is volatility. Oil and natural gas, as commodities, have a long history of swift, often dramatic price moves.This is why investors looking at the sector should probably consider sticking to the biggest and best companies, which generally means integrated energy giants like Chevron (CVX -0.54%) and TotalEnergies (TTE -0.05%). Here's why these two stocks stand out today for investors in search of high yields.Ch ...

Chevron Corporation (CVX) , through its subsidiary Chevron U.S.A., Inc., has successfully completed a significant retrofit of its Pasadena refinery located in Texas. This project is poised to elevate the refinery’s processing capacity and product flexibility, particularly in handling lighter crude oils. With an increased capacity of nearly 15%, the refinery can now process up to 125,000 barrels per day, marking a key milestone in Chevron’s ongoing efforts to enhance its refining operations on the U.S. Gulf ...

Chevron Corporation (CVX) recently announced that it has not held any discussions with President-elect Donald Trump’s team regarding the company's operations in Venezuela.CVX’s Unique Position in Venezuela’s Oil FieldsSince 2019, Chevron, holding a significant role in Venezuela as the only U.S.-based oil producer, has been trying to align its activities with the U.S. policies, which were imposed to restrict Venezuela's oil revenues and force the ouster of president Nicolás Maduro, prompted by electoral frau ...

Chevron Corporation (CVX) has expressed concern over the ABX2-1 bill, recently enacted by the state to enforce the oil refineries to maintain a minimum fuel stock. Although the regulators of California endorsed the legislation to stabilize the fuel supply and control the oil prices, the same has been considered flawed by the oil major. An Insight Into the New Mandate California has always been concerned about high gas prices, leading to its constrained relationship with oil companies. Geographically, the st ...

This has been another great year for the broader stock market indexes. And while it's true that megacap growth stocks have been leading these indexes to new heights, many value stocks are also delivering sizable gains. Investment management firm Vanguard has a low-cost exchange-traded fund (ETF) that targets megacap value stocks. It holds Warren Buffett-led Berkshire Hathaway (BRK.A 0.07%) (BRK.B -0.01%), as well as top Buffett stocks Coca-Cola, Bank of America, and Chevron. Here's why the Vanguard Mega Cap ...

The price of Brent crude, a key global oil benchmark, has fallen by around 20% in the past seven months or so. That's a pretty big move but, historically speaking, such slides aren't all that unusual in the energy sector. That's why long-term income-focused investors would be well advised to buy shares of energy companies that are built to keep distributing large dividends even during periods of big commodity price swings.Right now, the best stock pick from that elite group is probably Chevron (CVX 1.35%). ...

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (CVX) , and California Bioenergy LLC (CalBio) recently announced the completion of their central processing facility in Merced County, CA for the dairy biomethane project. The project will mark a significant milestone for the joint investment called CalBioGas Hilmar LLC by converting dairy manure into renewable natural gas (RNG). How Will CVX and CalBio Process the RNG Production? RNG production begins by capturing methane from dairy farms using CalBi ...

These two dividend-paying companies may appeal to value investors looking for energy stocks to buy now.For decades, investors have turned to Warren-Buffett-led Berkshire Hathaway for ideas, his sentiment on the market, and top stocks to buy.Berkshire has been a net seller of stocks in 2024 -- amassing a record-high $325 billion cash position. But Berkshire's fifth- and sixth-largest holdings remain the same.Berkshire owns $19.07 billion of Chevron (CVX -1.23%) stock, giving it 6.6% ownership. It also owns $ ...

Over the past year, the price of Brent Crude, a key global oil benchmark, has been as low as $70.31 and as high as $93.12. Over the past three years, the swing from peak to trough was even greater, with the low at $69.53 and the high at a whopping $133.18. Talk about a roller-coaster ride! This is why the smartest oil stock for most investors right now will be reliable industry giant Chevron (CVX 0.45%).Some key reasons to like ChevronBefore getting into Chevron's business, it is worth looking at one of the ...