He likes this stock. His model price is $140, 14% higher than the current price. The dividend is covered by the earnings. He expects it to rise with the market through year-end, if the market rises. However, he thinks there is better value elsewhere.
He likes this stock. His model price is $140, 14% higher than the current price. The dividend is covered by the earnings. He expects it to rise with the market through year-end, if the market rises. However, he thinks there is better value elsewhere.
(A Top Pick September 5/17 Up 17%) Investors are probably liking this better than Exxon (XOM-N), due to its cost cutting measures and development of LNG in Australia.
(A Top Pick September 5/17 Up 17%) Investors are probably liking this better than Exxon (XOM-N), due to its cost cutting measures and development of LNG in Australia.
COP-N vs. CVX-N. He prefers COP-N. It has underperformed. It is more in the E&P space and did some divestitures recently. They are in a great spot. There is nothing wrong with CVX-N but it will underperform.
COP-N vs. CVX-N. He prefers COP-N. It has underperformed. It is more in the E&P space and did some divestitures recently. They are in a great spot. There is nothing wrong with CVX-N but it will underperform.
(A Top Pick Jan 6 /17, Up 11%) It’s a juggernaut in this space, one of the biggest fully integrated company in the world. At the time it really wasn’t that much of a risk. Oil prices went down but because it was fully integrated, it beneficiated from the pump side. He still feels it’s low risk despite the price going up a little bit and you’re getting a nice little dividend
(A Top Pick Jan 6 /17, Up 11%) It’s a juggernaut in this space, one of the biggest fully integrated company in the world. At the time it really wasn’t that much of a risk. Oil prices went down but because it was fully integrated, it beneficiated from the pump side. He still feels it’s low risk despite the price going up a little bit and you’re getting a nice little dividend
He would be in a weakened industry group, because if the stock has underperformed along with the whole industry, there is less of a risk that it would be a specific company issue. When the whole industry rebounds, some companies don’t. This is the 4th largest dividend payer and is globally diversified. He particularly likes some new gas operations they have in Asia, some of the prime property they have in the Permian Basin and some great refining assets in California. They are going to have some new management and are firmly committed to their dividend. Dividend yield of 3.9%. (Analysts’ price target is $119.)
He would be in a weakened industry group, because if the stock has underperformed along with the whole industry, there is less of a risk that it would be a specific company issue. When the whole industry rebounds, some companies don’t. This is the 4th largest dividend payer and is globally diversified. He particularly likes some new gas operations they have in Asia, some of the prime property they have in the Permian Basin and some great refining assets in California. They are going to have some new management and are firmly committed to their dividend. Dividend yield of 3.9%. (Analysts’ price target is $119.)
(A Top Pick March 21/17. Down 2%.) He still likes this. It wasn’t their fault that oil prices were weak. The beauty of this company is that you get the 4% dividend yield. He would hang in there with this.
(A Top Pick March 21/17. Down 2%.) He still likes this. It wasn’t their fault that oil prices were weak. The beauty of this company is that you get the 4% dividend yield. He would hang in there with this.
He is looking for market-leading companies that are in sectors out of favour, and either have very strong dividends or some sort of catalyst that will unlock value. This one meets all that criteria. Oil has dropped over $100 a barrel, down to about $26, and then moved up now to just below $50. As a result, companies are still shutting in production as opposed to expanding, until supply/demand come back into sync. This is a great way to play that. No matter what happens, this company is dedicated to holding up their 4% dividend yield. Also, they have already made a lot of investments such as Indonesia, so CapX is going to be further reduced, and will be able to grow their free cash flow going forward. (Analysts’ price target is $126.50.)
He is looking for market-leading companies that are in sectors out of favour, and either have very strong dividends or some sort of catalyst that will unlock value. This one meets all that criteria. Oil has dropped over $100 a barrel, down to about $26, and then moved up now to just below $50. As a result, companies are still shutting in production as opposed to expanding, until supply/demand come back into sync. This is a great way to play that. No matter what happens, this company is dedicated to holding up their 4% dividend yield. Also, they have already made a lot of investments such as Indonesia, so CapX is going to be further reduced, and will be able to grow their free cash flow going forward. (Analysts’ price target is $126.50.)
(A Top Pick Jan 6/17. Down 6%.) The kind of stock you should own for the long-term. It is still undervalued. It has a great, long term track record. Still likes this.
(A Top Pick Jan 6/17. Down 6%.) The kind of stock you should own for the long-term. It is still undervalued. It has a great, long term track record. Still likes this.
(Market Call Minute) Large integrated company paying a nice yield.
(Market Call Minute) Large integrated company paying a nice yield.
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
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
In the last year, there was no coverage of Chevron Texaco published on Stockchase.
Chevron Texaco was recommended as a Top Pick by Jim Cramer - Mad Money on 2020-12-09. Read the latest stock experts ratings for Chevron Texaco.
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.
0 stock analysts on Stockchase covered Chevron Texaco In the last year. It is a trending stock that is worth watching.
On 2021-04-23, Chevron Texaco (CVX-N) stock closed at a price of $101.2.
