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3 Top Dividend Growth Stocks to Buy in October
The Motley Fool· 2024-10-02 09:28
Make money while you sleep with stocks that keep increasing their dividends. Dividend growth investing is my favorite long-term investing strategy. Companies that consistently raise their shareholder dividends pay you more cash. Plus, companies need steady, profitable growth to pay those increasingly larger dividends, so it's an excellent strategy for finding high-quality companies that tend to perform well over time. The best way to make dividend growth stocks work for you is to buy them at a reasonable pr ...
Chevron-Hess Merger Advances, FTC Blocks John Hess' Board Role
ZACKS· 2024-10-01 12:40
Chevron Corporation (CVX) and Hess Corporation (HES) announced that the Federal Trade Commission ("FTC") had completed its antitrust review of the companies' proposed merger. This is a significant step toward finalizing the deal. However, this process has led to some notable changes regarding the role of Hess' CEO John Hess in Chevron. Key Changes John Hess had initially expected to join Chevron's board following the merger, which would have positioned him as one of its largest shareholders. Instead, Hess w ...
1 No-Brainer Energy Stock to Buy Right Now for Less Than $200
The Motley Fool· 2024-09-29 10:45
Warren Buffett loves this oil and gas giant. You should, too.Looking for profitable energy stocks? Check out what Warren Buffett owns. He's been a major energy investor for decades, investing in a wide range of verticals, everything from upstream and refining to large scale renewable projects. Currently, the fifth-largest position in his publicly traded portfolio is an energy company everyone has heard of -- and there's a great investment case to be made for it right now. Secure a reliable 5%-plus sharehold ...
Sintana Energy eyes new discoveries with Galp's four-well program and Chevron's Namibia drilling – ICYMI
Proactiveinvestors NA· 2024-09-28 15:03
Drilling Campaigns - Sintana Energy Inc is preparing for high-impact drilling campaigns, with operator Galp initiating a four-well program targeting the Mopane complex in November, involving both exploration and appraisal drilling [1][2] - Chevron is launching its own drilling campaign in Namibia on an adjacent license using the Deepsea Bollsta rig, also starting in November [1][3] - The company previously announced multiple light oil discoveries at PEL83, including one extending eight kilometers with a flow test producing 14,000 barrels of oil equivalent per day [2] Industry Activity - TotalEnergies SE is drilling an exploration well near Sintana's lease line, while companies like Rhino and BW Energy are conducting 3D seismic surveys and planning exploration drilling [3] - Chevron conducted a $40 million 3D seismic survey over the block adjacent to PEL83 [3] Investor Interest - Sintana Energy Inc received significant investor interest at the Pareto Energy Conference in Oslo, with close to 2,000 attendees and record attendance for the second consecutive year [1] - The company had many one-on-one meetings and a full room for its presentation at the conference [1] - Global interest in the company's work is increasing due to underinvestment in exploration and a focus on energy security, particularly for developing regions like Africa [4]
A Hiker's Guide To Investing In Today's Market
Seeking Alpha· 2024-09-28 12:05
At High Yield Landlord , We spend thousands of hours and well over $50,000 per year researching real assets like REITs, infrastructure, pipelines, and renewable energy for the most profitable investment opportunities and share the results with you at a tiny fraction of the cost.Austin is a contributing author for the investing group High Yield Landlord , one of the largest real estate investment communities on Seeking Alpha, with thousands of members. It offers exclusive research on the global REIT sector, ...
What Is The Dividend Payout for Chevron?
The Motley Fool· 2024-09-28 10:20
This energy sector leader continues to reward shareholders.Chevron (CVX 2.46%) is recognized for its high-quality fundamentals as the only energy sector constituent of the Dow Jones Industrial Average. Part of the attraction of this integrated oil and gas giant is the stock's compelling 4.4% dividend yield with an impressive 37-year history of annually increasing the payout amount.Let's explore how Chevron's dividend has evolved and what investors can expect ahead.Chevron's dividend rateChevron's current qu ...
Warren Buffett Sold 11 Stocks in Q2. But 1 Is Still a No-Brainer Buy for Income Investors.
The Motley Fool· 2024-09-28 07:55
Core Viewpoint - Warren Buffett has been a net seller of stocks for seven consecutive quarters, with significant sales in Q2 2024, yet Chevron remains a strong pick for income investors due to its high dividend yield and consistent performance [1][5]. Group 1: Stock Sales by Berkshire Hathaway - In Q2 2024, Berkshire Hathaway sold nearly half of its position in Apple, which remains its largest holding [2]. - The company also reduced its stakes in Bank of America and Capital One Financial, selling 21% of its Capital One shares [2]. - Other notable sales included a 3.6% reduction in Chevron, and complete exits from Paramount Global and Snowflake [2]. Group 2: Dividend Stocks Overview - Several stocks sold by Berkshire do not pay dividends, including Floor & Decor, Liberty Media, and Snowflake [3]. - Apple has a low forward dividend yield of 0.44%, while Louisiana-Pacific's yield is 0.97% [3]. - Capital One Financial offers a forward dividend yield of 1.63%, with T-Mobile US and Paramount Global yielding 1.73% and 1.89%, respectively [3]. Group 3: Chevron's Investment Appeal - Chevron offers a forward dividend yield of 4.58% and has increased its dividend for 37 consecutive years, making it attractive for income investors [5][6]. - The company is expected to benefit from lower interest rates and ongoing tensions in the Middle East, which may keep oil prices elevated [5]. - Chevron's pending acquisition of Hess is anticipated to enhance its portfolio and increase cash flow, further supporting dividend distributions [6].
NCLA Pushes Court to Reel in Unlawful Fishery Monitoring Rule After Supreme Court Sinks Chevron Deference
GlobeNewswire News Room· 2024-09-27 21:37
Washington, D.C., Sept. 27, 2024 (GLOBE NEWSWIRE) -- The New Civil Liberties Alliance has filed a Supplemental Brief urging the court to vacate the Industry-Funded Monitoring (IFM) Omnibus Amendment, issued by the New England Fishery Management Council (NEFMC) and applied to nearly all fisheries in the region. Implemented by the National Oceanic and Atmospheric Administration’s (NOAA) February 2020 Final Rule, the Herring Rule is just the first of many industry-funded monitoring programs. To enforce the Ame ...
2 Top Oil Stocks to Buy Amid Crude Oil's Slump to $70 a Barrel
The Motley Fool· 2024-09-27 08:13
Chevron and Devon Energy can still thrive at $70 oil.Oil prices have slumped in recent months. West Texas Intermediate, the primary U.S. oil price benchmark, was recently around $70 a barrel. That's well below its peak of over $85 a barrel a few months ago because of healthy supplies amid demand concerns from a potential slowdown in the global economy. While falling oil prices will affect oil company profits, several producers are well equipped to handle lower prices. Chevron (CVX -1.38%) and Devon Energy ( ...
Oil & Gas Roundup: CVX's LNG Stance, EQNR's Project Cancellation & More
ZACKS· 2024-09-26 15:11
It has been a week since both oil and natural gas prices have moved up.The headlines revolved around energy supermajor Chevron’s (CVX) plans on LNG investment and Equinor’s (EQNR) pullout of the blue hydrogen project in its native Norway. Developments associated with SLB (SLB) , TechnipFMC (FTI) and Chesapeake Energy (CHK) also grabbed attention.Overall, it was a bullish seven-day period for the sector. West Texas Intermediate (WTI) crude futures rose around 4.7% to close at $71.92 per barrel, while natural ...