Brianne Gardner Chevron Texaco CVX-N WATCH Jun 16, 2025

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.

He was going to recommend it is a dividend stock, but no one can tell where oil will go.

They report Friday. He doubts they will report anything positive because of the low price of oil.

Pays a 4.8% dividend and return a lot of money to shareholders.

He expects to fall into the $50s, as part of Trump's plan, but CVS yields 5%. Buy at $136

Has both upstream and downstream. So you could do quite well on the oil price, but then lose $$ on the refining side. Refining is a tough industry, pretty cyclical. Well run, but instead look to OXY, XOM, or CNQ.

He stays home for oil and gas stocks, especially because years of underappreciating Canada has led to lower valuations. For dividends coming from the O&G patch, especially in Canada where they're tax-effective, there's no better place to be. With this name, you're buying the oil price, but he believes more in the gas price.

It reports Friday. It fresh off its legal victory over Exxon concerning Hess, so he expects Chevron to raise its numbers. Also, Trump has allowed CVS to resume pumping oil in Venezuela.