Buy, Sell or Hold: Chevron Texaco (CVX-N) — Stock Predictions at Stockchase

NYSE:CVX

143.67

1.10 (0.76%) 1d

Showing 1 to 15 of 126 entries

BUY

Likes energy period. Free cash flow yield of over 11%. Strong last quarter. Stay long.

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BUY

Oil price outlook? He trimmed his holding when shares were higher. Likes it. He expects oil to take a stab higher at $100 but will hang around current levels really. Chevron will make money in the $80-100 oil range.

integrated oils

BUY

Just reported solid Q2 earnings and the price target rose Energy demand will still be strong (even though crude oil prices have been declining). Majors like Chevron make a lot of money even if oil is at $60. He likes it and has not been trimming his shares. In fact, he would add to it. You have staying power in Chevron especially with their strong balance sheet.

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STRONG BUY

Just reported solid Q2 earnings and the price target rose The stock is down 17% from its high, pays over a 3.5% dividend yield, and trades at 8.5x PE. The quarter was really good. It's interesting that they chose to increase their share buyback than increase production, which fell in that quarter. They're returning cash to shareholders like the other oil companies. She has been adding to energy on this pullback. Oil companies can make money at $40-50 oil/barrel, including Chevron. She expects more returns to shareholders. Oil stocks remain cheap and earnings went up for the group. It's her favourite sector.

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BUY

Share buybacks are enough to continue to drive shares. OPEC this week is the major energy story.

integrated oils

BUY

Posted records profits today. Shares are surging today and so far this year. Nice top and bottom line beats and return on capital of 26% as they reduced debt below 15%. Also, they raised their share buyback. The oil supply/demand imbalance won't change for a while.

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PARTIAL SELL

They report Friday. They have given back many of their gains since last earnings. That said, health and oil are the best places this week. He believes CVX can deliver. That said, he sold some shares today because of today's rally. He still expects good numbers.

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SELL

He sold it, but missed the high price. Policy remains very oil negative. If the US mid-terms see a shift in person, he may return to this.

integrated oils

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PAST TOP PICK

(A Top Pick Dec 21/21, Up 34.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CVX triggered its stop at $155. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 42%, when combined with previous buy recommendations.

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COMMENT

It hasn't grown much. Canadian oil and gas companies are growing faster so are preferable.

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BUY

Great balance sheet and cash flow. Great place to hide during volatility.

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TOP PICK

It is a high quality company with an excellent balance sheet. It is a strong free cash generator with the ability to pay dividends. Also can maintain single digit growth starting next year. It is one of the largest producers in the Eastern Mediterranean basin and can increase natural gas production and distribution to Europe. Longer term oil prices should continue to rise since few companies are willing to increase their supply, thereby constraining overall supply. The risk to oil is recession if there is one. Buy 16, Hold 13, Sell 2.

integrated oils

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PAST TOP PICK

(A Top Pick Dec 21/21, Up 52.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CVX is progressing well. We now recommend trailing up the stop (from $138) to $155.

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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.

integrated oils

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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.

integrated oils

Showing 1 to 15 of 126 entries

Chevron Texaco(CVX-N) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 18

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 22

Stockchase rating for Chevron Texaco is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Chevron Texaco(CVX-N) Frequently Asked Questions

What is Chevron Texaco stock symbol?

Chevron Texaco is a American stock, trading under the symbol CVX-N on the New York Stock Exchange (CVX). It is usually referred to as NYSE:CVX or CVX-N

Is Chevron Texaco a buy or a sell?

In the last year, 22 stock analysts published opinions about CVX-N. 18 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Chevron Texaco.

Is Chevron Texaco a good investment or a top pick?

Chevron Texaco was recommended as a Top Pick by on . Read the latest stock experts ratings for Chevron Texaco.

Why is Chevron Texaco stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Chevron Texaco worth watching?

22 stock analysts on Stockchase covered Chevron Texaco In the last year. It is a trending stock that is worth watching.

What is Chevron Texaco stock price?

On 2022-09-30, Chevron Texaco (CVX-N) stock closed at a price of $143.67.

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