News
Chevron Announces Leadership Changes
Chevron Corporation announced today that Barbara J. Burger, vice president of innovation and president of Chevron Technology Ventures (CTV), will retire from the company after 34 years of
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ExxonMobil and Scepter, Inc. to Deploy Satellite Technology for Real-Time Methane Emissions Detection
ExxonMobil and Scepter, Inc. have agreed to work together to deploy advanced satellite technology and proprietary data processing platforms to detect methane emissions at a global scale. The
ExxonMobil Acquires Materia, Inc., a High-Performance Structural Polymers Company
ExxonMobil Chemical Company has acquired California-based Materia, Inc., a technology company that has pioneered the development of a Nobel prize-winning technology for manufacturing a new class of
CABGOC Secures Renewal of Block 0 Concession in Angola through 2050
Chevron’s affiliate in Angola, Cabinda Gulf Oil Company Limited (CABGOC) announced today the successful extension of the Block 0 concession, off the coast of Cabinda province, in Angola. The
Chevron Announces $15 Billion Capital and Exploratory Budget for 2022
Chevron Corporation (NYSE: CVX) today announced a 2022 organic capital and exploratory spending program of $15 billion, at the low end of its $15 to $17 billion guidance range and up more than 20%
ExxonMobil Announces Corporate Plans to 2027
ExxonMobil (NYSE: XOM) said today it has finalized corporate plans, which increase spending to $15 billion on greenhouse gas emission-reduction projects over the next six years while maintaining
Energy Sector Nears Multi-Year Resistance: Breakout Ahead?
As the U.S. market hovers near all-time highs, one sector has quietly surged higher and now stands at a critical juncture - the energy sector. While the broader market has experienced a
Energy sector: assessing breakout potential and key players
As the overall market continues to ramp up and trade near all-time highs, one sector has quietly consolidated. The energy sector remains close to flat this year despite the recent melt-up
Exxon and Chevron ready to rally: The floor is in for big oil
As sketchy as the outlook for oil prices, a floor has been in place for over a year and is unlikely to be broken. Persistent demand and OPEC help to support the price, while rising production
Energy sector's risk-off stance, underperformance so far in 2024
In the early days of 2024, the SPDR S&P 500 ETF Trust (NYSE: SPY) is soaring near its all-time high, primarily driven by the impressive rally in the technology sector. Over the past month, it has
Chevron stock made it to Barron's top 2024 picks
Barron's helped thousands beat the market by roughly 6.5% with their top stock picks for 2023. Could history repeat itself? If you are at the desk wondering which stocks deserve to get a taste of
Don't hesitate to trade Hess well below Chevron's buyout price
The iconic Hess Corporation (NYSE:HES) toy truck isn’t the only thing on sale this holiday shopping season.
Shares of the U.S. oil and gas producer fell nearly 5% to $134.50 last week even as the
2 sectors reducing debt and paying shareholders
Publicly traded companies utilize debt for many reasons. They can use it to fuel growth, pay dividends, or buy back shares, but like any financial entity, enough is enough. When interest rates
Exxon Mobil or Chevron? Which is the better buy?
The answer to whether Exxon Mobil (NYSE: XOM) or Chevron (NYSE: CVX) is a better buy is relative. Exxon was clearly the better buy for investors before the Q3 results were released, but now that
Chevron Bolsters Portfolio, Snapping Up Hess in $53 Billion Deal
Shares of Chevron Corp. (NYSE: CVX) gapped down hard on October 23 after saying it would buy fellow S&P 500 component Hess Corp. (NYSE: HES) in an all-stock deal valued at $53 billion.
Under
Will the Energy Sector Continue to Outshine the Market?
The market has been swept by a sea of red month-do-date (MTD), with the overall market, the SPDR S&P 500 ETF (NYSE: SPY) down over 3% MTD. Apart from one sector, most sectors and industries have
Should a Lack of Windfall Profits Keep You Out on Chevron Stock?
You won’t be hearing any complaints about “windfall profits” after the latest earnings report from Chevron Corporation (NYSE: CVX). The company delivered a mixed earnings report with the headline
Energy Stocks Bullish, But Futures Market Signals Trouble Ahead
The Energy Select Sector SPDR Fund (NYSEARCA: XLE) was trading higher for the fifth session in a row on July 24, extending that streak with a gap up at the open.
However, some analysts are
Is The XLE Primed For A Potential Breakout?
The Energy Select Sector SPDR Fund (NYSE: XLE) is setting up on a higher time frame for a potential breakout. YTD, the sector ETF is down almost 7%. However, as the uptrend remains intact and the
Oilfield Services Growing Faster Than Wider Energy Sector
It’s sometimes said that markets can turn on a dime. That seemed to have happened with the energy sector, which was the huge 2022 winner, but the Energy Select Sector SPDR Fund (NYSEARCA: XLE) is
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
The price-to-earnings ratio, or P/E ratio, is one of the most commonly used metrics in fundamental stock analysis. The division of share price by earnings per share (typically over the last 12
Why Markets Are Loving Exxon Mobil, Despite The Earnings Dip
Shares of Exxon Mobil (NYSE:XOM) fell by as much as 1.8% during the early hours of Friday’s trading session; the decline is happening on a day when the broader markets (namely the S&P 500) are up
The Growing War Against Natural Gas
In his podcast addressing the markets today, Louis Navellier offered the following commentary.
War Against Natural Gas
The G7 meeting in Japan will be interesting this week. Germany is in
Chevron’s “Racial Equity Audit” Fails To Satisfy Shareholders’ Request
Audit developed in response to a shareholder proposal fails to address key concerns on environmental racism and discrimination.
Activists Announce Their Dissatisfaction Of Chevron’s Racial
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