Chevron has increased its dividend payout for 37 consecutive years. Is now a good time to buy? Slowing demand worldwide coupled with robust production in the U.S. has put downward pressure on the price of oil. As a result, many oil and gas stocks have failed to keep pace with the stock market's torrid returns in 2024; the SPDR Oil & Gas Exploration and Production ETF has fallen 1% since the start of the year. Chevron (CVX 0.09%), the integrated oil and gas giant, hasn't been immune to the volatility. With t ...

This year, oil stocks are up a decent 10%, far underperforming the broader market, high-yield In recent years, oil stocks have been red hot courtesy of excellent capital discipline from oil companies and strong commodity prices. Sign Up For A FREE 2-Week Trial Join iREIT® on Alpha today... for more in-depth research on REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. You'll get more articles throughout the week, and access to our Ratings Tracker with buy/sell recommendations on all ...

Berkshire Hathaway's Market Position - Berkshire Hathaway surpassed $1 trillion in market capitalization earlier this year [1] - The company has $320 billion in public equity holdings and $276.9 billion in cash as of June 30 [1] - Berkshire's value also comes from its insurance businesses, ownership of BNSF railroad, Berkshire Hathaway Energy, and other private companies [1] Coca-Cola (KO) - Berkshire owns 400 million shares of Coca-Cola, representing 9.3% of the company and worth around $28 billion [3] - Coca-Cola has 62 consecutive years of dividend increases, demonstrating consistency and a strong balance sheet [4] - The company has a price-to-earnings (P/E) ratio of just over 28, which is relatively expensive for a low-growth business [5] Visa (V) - Visa has a simple yet effective business model that benefits from network effects and an international ecosystem of credit and debit cards [6] - The company makes money every time a card is swiped, tapped, entered online, or used as a mobile payment [7] - Visa's share count has been reduced by 21% over the last decade due to aggressive buybacks, and its stock price has soared 367% during that period [8] Chevron (CVX) - Berkshire owns 6.5% of Chevron, making it the fifth-largest public equity holding with a value of around $18 billion [9] - Chevron has paid and raised its dividend for 37 consecutive years, despite multiple oil and gas downturns [9] - The company's dividend yield is currently 4.4%, well above the S&P 500's yield of 1.3% and the Vanguard Energy ETF's yield of 3.3% [10]

These oil stocks can generate big profits in the years ahead. Oil markets have been very volatile in recent years. In 2020, the price per barrel fell below $25, only to zoom past the $100 market two years later. Today, oil prices are hovering around $70 per barrel. If you're looking for oil stocks that can thrive in varying conditions, the two companies below are for you. Trust in superior capital allocation Capital allocation in the oil space can be difficult because a company's survival is often prioritiz ...

Occidental Petroleum Corp. OXY is down 13.4% in 2024 and over 20% in the last 12 months. However, that hasn't seemed to bother Warren Buffett one bit. His Berkshire Hathaway Inc. (NYSE: BRK-B) portfolio has continued to buy OXY stock. As of this writing, Berkshire owns approximately 29% of Occidental, with regulatory approval to buy up to 50%. Conversely, in the last quarter, Berkshire Hathaway sold 4.3 million shares of Chevron Corp. CVX. However, since the fourth quarter of 2022, Buffett has sold CVX stoc ...

Occidental Petroleum Corp. NYSE: OXY is down 13.4% in 2024 and over 20% in the last 12 months. However, that hasn’t seemed to bother Warren Buffett one bit. His Berkshire Hathaway Inc. NYSE: BRK.B portfolio has continued to buy OXY stock. As of this writing, Berkshire owns approximately 29% of Occidental, with regulatory approval to buy up to 50%.  Conversely, in the last quarter, Berkshire Hathaway sold 4.3 million shares of Chevron Corp. NYSE: CVX. However, since the fourth quarter of 2022, Buffett has so ...

In the latest market close, Chevron (CVX) reached $148.73, with a +0.68% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.47%. At the same time, the Dow added 0.79%, and the tech-heavy Nasdaq gained 0.28%.The oil company's shares have seen an increase of 3.01% over the last month, surpassing the Oils-Energy sector's loss of 6.86% and falling behind the S&P 500's gain of 3.48%.Investors will be eagerly watching for the performance of Chevron in its upc ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Chevron (CVX) .Chevron currently has an average brokerage recommendation ( ...

Don't overlook the value of getting paid well through the highly volatile energy cycle. Especially when the stock has an above-average yield.Stocks in the energy sector tend to be volatile, largely because oil prices often swing dramatically and quickly. That's just par for the course if you want to invest in oil and natural gas stocks. That said, there's a way to position yourself to survive the frequent ups and downs in relative stride.One way is to invest in an energy stock that has a generous yield, a s ...

Core Viewpoint - Warren Buffett's recent investment decisions involve selling Chevron and buying Occidental Petroleum, but for average investors, it may be wiser to stick with Chevron due to its strong financial position and reliable dividend growth [1][7]. Energy Sector Overview - The energy sector is characterized by volatility, with oil and natural gas prices subject to rapid fluctuations influenced by supply, demand, economic conditions, and geopolitical events [2]. - Integrated energy companies, like Chevron and Occidental, are better equipped to manage these price swings due to their diverse operations across upstream, midstream, and downstream segments [3]. Company Comparisons - Chevron is a major player in the industry with a market capitalization of approximately $270 billion, while Occidental Petroleum is significantly smaller at around $50 billion [4]. - Occidental's aggressive growth strategy, including its acquisition of Anadarko Petroleum, has led to increased debt and a history of dividend cuts, contrasting with Chevron's consistent dividend growth over 37 years [5][6]. Financial Strength and Dividend Yield - Chevron boasts a strong financial position with one of the lowest debt-to-equity ratios in the integrated energy sector and offers an attractive dividend yield of 4.4%, compared to Occidental's 1.6% and the average energy stock's 3.3% [5][6]. - Despite recent management efforts to operate more conservatively post-Anadarko acquisition, Occidental's financial leverage remains a concern for average investors [6]. Investment Considerations - Buffett's investment strategy may not align with the risk tolerance of average investors, who may prefer the stability and reliability of Chevron as a long-term investment [7].