The Latest Breaking News from CVX

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.

Recent banking turmoil and rising interest rates have weighed heavily on investors’ sentiment lately. However, weak economic data signaling slowing growth could result in relatively easy monetary policies in the second half of 2023. Given the macroeconomic backdrop, investors could consider adding fundamentally sound low P/E stocks Pfizer (PFE), Chevron…

Chevron stock is down slightly in the last month but investors can still take advantage of its high out-of-the-money put premiums by shorting them for income and to reduce buy-in costs.

Chevron stock edged lower Tuesday as the energy giant held its investor day event.

Tesla led Thursday's rally, but gains were broad-based ahead of a key inflation report. Intel plunged on weak earnings and guidance.

Chevron stock fell Friday after Q4 earnings.

The Dow Jones reversed lower after GDP and first-time jobless claims. Tesla stock surged on earnings and CEO Elon Musk's upbeat comments.

Tesla rallied on a bullish Elon Musk, despite mixed results. Chevron set a huge buyback. The market closed strong again.