The Latest Breaking News from CVX

ExxonMobil and Chevron reported full second-quarter financials early Friday.

Despite facing macroeconomic headwinds, the energy industry holds a promising long-term outlook due to rapid urbanization and the sluggish energy transition. Hence, energy stocks Exxon Mobil (XOM), Chevron Corporation (CVX), and Cross Timbers Royalty (CRT), buoyed by their Quality and Momentum, could be ideal additions to your watchlist. Read more….

Chevron surprised markets Sunday, releasing better-than-expected second-quarter figures early, along with changes to its leadership structure.

Chevron stock has an attractive 3.89% dividend yield and is cheap at 11.5x earnings. This makes it popular with value investors as well as traders who short out-of-the-money puts.

Warren Buffett's Berkshire Hathaway Energy announced a $3.3 billion deal to buy Dominion Energy's stake in the Cove Point LNG export facility.

Chevron stock has been rising with the higher prices of oil and gas this weekend. The 3.90% CVX dividend yield and its massive buybacks are attractive to value buyers, including short-put traders.

Chevron stock has been upgraded by 2 major buy-side firms, given its 4.0% dividend yield and low P/E multiple. Value buyers are attracted to CVX stock, including shorting puts for extra income.

Chevron stock received its second analyst upgrade in as many days, boosting hopes for a recovery in the lagging energy major.

OPEC+ meets this weekend with oil prices sagging lower. Meanwhile, energy stocks dropped early Wednesday, with CVX and XOM both slumping.

Chevron’s all-stock deal to buy PDC Energy looks like a slam dunk. The only fly in the ointment for the oil giant is an uncooperative economy combined with a lower price per barrel of oil.

Chevron stock was down 9.6% in May Tuesday as analysts revised their opinion on the U.S. energy giant after the news of the $6.3 billion deal for PDC Energy.