Jim Cramer - Mad Money Chevron Texaco CVX-N BUY ON WEAKNESS Aug 05, 2024

Oil prices have done well, but it's a least-loved rally. The oil companies haven't done that well. CVX is held down by their purchase of Hess. The market was split on this, though he thinks it helps CVX long term. At some point, energy will do well. Timing is key in stock-buying. Stay with CVX.

Plans to invest in clean energy, a great opportunity. People think of it as an O&G giant, but has been investing a lot in clean energy. Stock's moved sideways for 12 months, so a good opportunity. Acquired major stake in world's largest proposed storage facility for hydrogen, which she sees as a big play over 5 years. Great yield of 4.5%.

Doesn't own, on her watchlist, looking for an entry point. Ranks 10/10 on fundamentals, good margins, great earnings growth and cashflow. Target of $178.

Good yield, buyback and yield, but can't recommend it, because he doesn't see the price of oil hitting $100.

A dividend play for 2025 at 4.54%. Not sexy, but consistently generates earnings, free cash flow, and each year grows its dividend. Offers growth wealth generation over time.

It reports Friday. He won't buy any oils, because these companies could cave to Trump's demands of drilling like mad. He thinks they will stay disciplined.

The dividend is super safe and cash flow is great.

Hess deal being contested made things too murky. He sold. Comfortable with his Canadian holdings in the oil patch instead.

Pays a 4.6% dividend yield. It bounced nicely today.  They keep buying back stock. A good CEO. He's not an oil bull, though.