The oil/energy markets are reeling under the weight of the ongoing trade war, with crude prices plunging to their lowest levels since the pandemic. West Texas Intermediate ("WTI") crude oil price dropped below $60 per barrel on Monday, a level not seen since 2021, while Brent crude dipped as much as 5% to around $62. The sharp declines were a response to the latest round of tariffs announced by U.S. President Trump, reigniting fears of a global economic slowdown and weakened investor sentiment across energy ...

The oil stock beat the market in Q1. Here's why it remains a buy on any dip.The Nasdaq Composite (^IXIC 2.55%) plunged 10.4% in the first quarter of 2025. Oil stock Chevron (CVX 1.29%), however, bucked the broader market trend and surged 15.5% instead in Q1, according to data provided by S&P Global Market Intelligence.Energy was among the best-performing sectors in Q1. As one of the world's largest oil and gas producers, Chevron stock rode the energy rally. There was, however, a lot more to Chevron stock's ...

Chevron Corporation (CVX) will begin a detailed seabed survey in the Eastern Mediterranean this summer, marking the first step toward constructing a crucial pipeline linking Cyprus’ Aphrodite natural gas field to processing facilities in Egypt. The announcement was made after a discussion between the company and the Cypriot president held in Houston. The discussion also supported the processing of the survey in accordance with a predefined timetable.The pipeline is designed to transport gas from the Aphrodi ...

Chevron Corporation (CVX) , one of the world’s largest oil and gas companies, has been ordered to pay at least $740 million to restore damages caused to the coastal wetlands of Southeast Louisiana. This landmark ruling was delivered by a jury, with the sum divided into three components, such as $575 million for land loss compensation, $161 million to address contamination and $8 million for abandoned equipment. This case, which dates back to 2013, highlights the mounting accountability energy companies are ...

Chevron Corporation (CVX) , a global leader in integrated oil and gas operations, recently announced plans to lay off approximately 600 employees at its former Northern California headquarters in San Ramon. This decision is part of CVX's ongoing efforts to streamline its organizational structure, improve operational efficiency and enhance long-term competitiveness. The layoffs are set to begin on June 1, as stated in a WARN notice provided to state officials last week.Streamlining Operations & Improving Eff ...

Group 1: Economic Impact of Tariffs - The latest tariffs announced by President Trump include a 10% baseline tariff on most U.S. imports, affecting major trade allies like China and the EU, raising concerns about a potential economic downturn [1] - The tariffs are expected to weigh on global economic activity and reduce oil demand, but they may also tighten supply, particularly with additional sanctions on nations buying Venezuelan crude [2] - Geopolitical factors, including U.S. sanctions on Iran and restrictions on Russian oil exports, complicate the global energy landscape, potentially supporting crude oil prices around $70 per barrel [3] Group 2: Energy Sector Performance - The energy sector has shown resilience amid broader market weakness, with major energy stocks like ExxonMobil, Chevron, and Devon Energy posting year-to-date gains of approximately 10% [1][4] - Energy stocks have emerged as a safe haven for investors, attributed to disciplined capital spending and increased shareholder returns, navigating geopolitical uncertainties better than other sectors [4] - Despite concerns about slowing growth due to tariffs, oil companies benefit from tight supply fundamentals, with OPEC cautious about production increases [5] Group 3: Company-Specific Insights - ExxonMobil has distributed $36 billion in shareholder returns in 2024, with a free cash flow of $36.2 billion, maintaining a quarterly cash dividend of 99 cents, yielding 3.3% [9] - Chevron targets a 6% annual production increase through 2026, with a recent dividend hike of 4.9%, resulting in a yield of over 4% [10] - Devon Energy raised its quarterly dividend by 9% for Q1 2025, with a new rate of 24 cents per share, yielding 2.6% [11] Group 4: Investment Considerations - The geopolitical landscape suggests that supply-side constraints will continue to support oil prices, making energy stocks a compelling sector for investors seeking stability [6] - Defensive, dividend-paying energy stocks are recommended as a hedge against broader market volatility, with ExxonMobil, Chevron, and Devon Energy being highlighted as prudent holdings [6]

Group 1 - The article highlights the ongoing research and analysis provided by iREIT on Alpha, focusing on various income alternatives such as REITs, mREITs, Preferreds, BDCs, MLPs, and ETFs [1] - It mentions that the second quarter has begun, and there is an expectation for insights based on the performance observed in the first three months of the year [1]

Chevron Corporation (CVX) has had a good year so far, hitting a 52-week high of $168.96 on March 26. The stock has climbed 16.3% year to date, outperforming rival ExxonMobil’s (XOM) 10.6% gain. This impressive run has been driven by strong production growth, attractive shareholder returns and a competitive valuation. However, headwinds such as legal hurdles surrounding its Hess Corporation (HES) acquisition, asset sale risks and Venezuela challenges raise the question: Has Chevron’s stock run its course, or ...

Growing bigger and better Chevron is building one of the world's best portfolios of oil and gas production assets. It does that through organic investment and strategic acquisition. The company is investing $15 billion into organic capital projects this year. Most of that money will go toward expanding its U.S. portfolio, including developing its assets in the Permian Basin, DJ Basin, and the Gulf of Mexico (known as the Gulf of America in the U.S.). Warren Buffett's company, Berkshire Hathaway (BRK.A 0.10% ...

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. In the latest market close, Chevron (CVX) reached $168.52, with a +0.74% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.38%. Elsewhere, the Dow saw a downswing of 0.03%, while the ...