Is Chevron Stock a Buy?
Despite improving commodity prices, the energy sector remains deeply out of favor. For income investors with a contrarian bent, however, that's a potential buying opportunity. The problem is that there are still very real issues for energy companies to deal with. That's why integrated giant Chevron (NYSE: CVX) is one of the best options in the space. Here's a few points to back that up.
There are a multitude of ways to invest in the energy sector, from the upstream (exploration and production) to the downstream (chemicals and refining), and there are different dynamics to each major area. Chevron, one of the world's largest integrated energy companies, has exposure across the value chain, from drilling to transportation (the midstream sector) to processing. That provides balance to its portfolio, since in normal markets some areas will usually be doing better than others and helping to smooth out financial results.
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Source Fool.com
