NYSE:CVX

Chevron Texaco (CVX)

207.10
+2.89 (1.42%)
as of Oct 1, 2026, 8:00:00 pm Market Open.
224 watching
0
BUY
You need to own oil as crude oil is hammered as Russian oil is cut off spending. He doesn't believe the new lockdowns in China have a lasting effect (the lockdowns are temporary), unless there's a cut-off in Russian energy supplies. His favourite oil names are Chevron for their steady dividend, and Devon which returns a lot of cash flow to investors through a variable dividend instead of drilling recklessly.
premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Dec 21/21, Up 37.1%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with CVX is progressing well. We now recommend trailing up the stop (from $130) to $138.
TOP PICK
An integrated oil company and well positioned with exposure to refining and chemicals. These will give more consistent profitability and cash flow. No exposure to Russia. Good environmental and safety record. Has a strong balance sheet and consistently returns capital to shareholders. Good growth prospects over 10 years. Has restarted a project to build a gas pipeline to bring Israeli and potentially Egyptian gas to Europe. Could be part of the solution to Europe's reliance on Russia for gas supplies. Buy 10 Hold 11 Sell 2
BUY ON WEAKNESS
Oil will take a temporary pause. If oil falls below $95 it will take out a lot of sentiment from this sector. Chevron is a full quarter of the XLE. He'll add more energy in pullbacks, definitely Chevron which is the creme de la creme.
HOLD
A major holding for her. It's had a nice run. It's up 45% YTD and pays a 3.3% yield. It's a powerhouse, because they have steady production, lowering their capex and so have huge free cash flow. They've increased their share buybacks and dividends. She may shed her other oil names, but will keep this.
SELL ON STRENGTH
It's up 45% YTD, playing into the supply-demand story in oil and they've been disciplined with costs. He hasn't trimmed it yet, though he will in coming weeks with all this volatility. It has the best balance sheet in the sector. It's a market-weight hold for him. Still likes it.
BUY ON WEAKNESS
He's exited most of his oil stocks, but replaced them with option calls. He'd buy oil on dips. All energy (including uranium and gas) across the board will rise in the next 3-6 months, because of cutbacks and sanctions happening now.
premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Dec 21/21, Up 58%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with CVX is progressing well. To remain disciplined, we now recommend trailing up the stop (from $115) to $130.
BUY ON WEAKNESS
They report Friday. A good company, lean and mean. Hope shares go down, so you can buy more.
premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Dec 21/21, Up 12.6%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with CVX is progressing well and has achieved our $130 objective. To remain disciplined, we recommend covering half the position and trailing up the stop (from$101) to $115.
premiumPremium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly With oil prices remaining above $65 and the threat of inflation returning post-pandemic, we reiterate CVX as a TOP PICK. Recently reported earnings beat analyst expectations by 33%. The company is a dividend aristocrat, increasing the dividend for the past 33 consecutive years. Next year’s projected earnings place the dividend payout ratio under 65% of cash flow. We recommend trailing up the stop to $101, looking to achieve $130 – upside over 12%. Yield 4.72% (Analysts’ price target is $129.55)
BUY
The best large American integrated oil company, with exposure to refining and retail. It pays a 4.6% dividend yield and is buying back shares. It reported a blow-out quarter in late October. It's an oil company trying to be more environmentally friendly by spending $10 billion in capital investments through 2028.
BUY
Today, it delivered a strong quarter, but the company is so big that the stock barely moved. It remains a buy.
BUY

He just bought it. Oil is uninvestable, but you can trade it. Like this. Chevron is getting into carbon capture, making ESG strides. Oil will keep moving higher though eventually will return to Earth.

COMMENT
It says it's getting aggressive about reducing its carbon footprint, including investing $10 billion through 2028 in lower-carbon projects. They announced these plans at yesterday's shareholders meeting.
Showing 76 to 90 of 188 entries