Why Chevron Stock Popped Today
Chevron (NYSE: CVX) stock is surging after U.S. forces raided the Venezuelan capital of Caracas over the weekend, arresting President Nicolas Maduro and his wife on narco-terrorism charges.
On Saturday, President Trump held a press conference repeatedly referencing plans to have "very large United States oil companies ... go in, spend billions of dollars, fix the badly broken infrastructure, the oil infrastructure, and start making money for the country."
Chevron stock is up 5.8% as of 12:45 p.m. ET Monday.
Source Fool.com
Chevron Corp. Stock
€154.70
0.680%
The stock is one of the favorites of our community with 37 Buy predictions and 3 Sell predictions.
However, we have a potential of -1.1% for Chevron Corp. as the target price of 153 € is below the current price of 154.7 €.
