CVX Stock Recent News
CVX LATEST HEADLINES
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.
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?
SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron today announced a donation of $250,000 to support relief and recovery efforts after Hurricane Milton devastated parts of Florida. The funds will provide support for emergency teams and volunteer efforts. "Our thoughts are with the Florida residents as they recover from Hurricane Milton,” said Mike Vomund, vice president of Fuel Sales, Chevron. “We understand that reliable energy is essential to the recovery process, and we are working to help restore.
Buffett has been selling Chevron, but you might want to buy it. And you might want to hold off on buying Occidental even though Buffett bought it.
CVX explores the sale of East Texas natural gas assets to Tokyo Gas, a strategic move impacting both companies in the competitive U.S. energy market.
Chevron (CVX, Financial) is negotiating with Tokyo Gas for the sale of its natural gas assets in eastern Texas, potentially valuing the deal at up to $1 billion, according to insiders. This transaction focuses on Chevron's holdings within the Haynesville Shale field.
Chevron (CVX) closed the most recent trading day at $148.75, moving -1.57% from the previous trading session.
This sale aligns with CVX's goal to divest between $10 billion and $15 billion in assets by the year 2028.
Three energy stocks, Chevron, Phillips 66 & ExxonMobil, are well-poised to gain, although the energy market is extremely volatile.
Recently, Zacks.com users have been paying close attention to Chevron (CVX). This makes it worthwhile to examine what the stock has in store.