CVX Stock Recent News
CVX LATEST HEADLINES
Despite Chevron's stock underperforming relative to the S&P 500, I maintain a 'buy' rating due to management's optimistic free cash flow and capital return projections. Chevron's acquisition of Hess and its significant production growth initiatives, particularly in Kazakhstan and the Permian Basin, promise substantial future cash flow increases. Management's cost-cutting measures, including workforce reductions and flat capital expenditures, aim to enhance operational efficiency and support robust share buyback programs.
Recently, Zacks.com users have been paying close attention to Chevron (CVX). This makes it worthwhile to examine what the stock has in store.
CVX has received a 30-day notice from the Trump administration to stop pumping and selling Venezuelan oil and wrap up its operations in the country.
The energy sector is the lifeblood of the economy, keeping the wheels of commerce turning. The past year has been quite a roller coaster for energy stocks, with volatility and performance lagging the broader market.
Shares of oil and gas majors ExxonMobil (XOM -1.99%), Chevron (CVX -0.80%), and ConocoPhillips (COP -1.85%) were all trailing the market today, falling 3.6%, 2.8%, and 4.2% at their lows, before recovering to declines of 3%, 1.9%, and 3%, respectively, as of 12:51 p.m. ET.
Chevron Corporation CVX shares are trading lower on Wednesday. Goldman Sachs analyst Neil Mehta hosted the company for an in-person meeting with investors in New York.
S&P Dow Jones Indices added three new members to the S&P 500 Dividend Aristocrats Index, expanding it to 69 companies. I rank Dividend Aristocrats by quality scores, presenting undervalued and overvalued stocks with detailed metrics and fair value estimates. My quality scoring system uses six indicators, each worth 5 points, for a maximum score of 30, categorizing stocks from Exceptional to Inferior.
CVX gets a 30-day deadline to wrap up its operations in Venezuela, giving a major blow to U.S. refiners and Venezuela's economy.
CNBC's Becky Quick reports on the latest news.
Demographic shifts, including an aging population and migration trends, are key drivers of REIT performance, influencing sector allocations and investment strategies. Chilton focuses on single-family rental (SFR) and healthcare REITs, with targeted exposure to multifamily REITs in coastal and Sun Belt markets. The aging population boosts demand for senior housing and medical outpatient buildings, benefiting REITs like Welltower, Ventas, and American Healthcare REIT.