Canadian Natural Resources Limited Announces the Acquisition of Chevron's Alberta Assets and a 7% Dividend IncreaseOctober 07, 2024 5:00 AM EDT | Source: Canadian Natural Resources LimitedCalgary, Alberta--(Newsfile Corp. - October 7, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") announces that it entered into an agreement to acquire, subject to regulatory approvals, from Chevron Canada Limited ("Chevron") its 20% interest in the Athaba ...

Company Analysis - Chevron Corporation (NYSE: CVX) is highlighted as one of the best stocks in the oil and gas industry among majors due to its strong production prospects, robust financial position, and discounted valuation [1] Industry Analysis - The oil and gas industry is the focus, with Chevron Corporation being a standout player among major companies in the sector [1] Investment Opportunity - Chevron Corporation presents a potential investment opportunity based on its favorable production outlook, financial strength, and attractive valuation [1]

No matter how you want to play the energy sector, you have good options. Here are three of the top picks.With October now underway, there isn't one single way to play the energy sector, but that's not new. There have always been different tactics for investing in this volatile niche of Wall Street. The question is, which tactic is right for you?Here are three of the top energy stocks to consider as you try to answer that query: Devon Energy (DVN 1.51%), Chevron (CVX -0.34%), and Enbridge (ENB 0.81%). Let's ...

Chevron TodayCVXChevron$151.22 +0.27 (+0.18%) 52-Week Range$135.37▼$170.17Dividend Yield4.31%P/E Ratio13.91Price Target$179.00Add to WatchlistWith so many news items clamoring for investors’ attention, investors may not have noticed that the U.S. Federal Trade Commission (FTC) approved the merger between Chevron Corporation NYSE: CVX and Hess Corp. NYSE: HES. The approval came with the single stipulation that former Hess chief executive officer (CEO) would not join Chevron’s board of directors. The approval ...

The U.S. Treasury's Office of Foreign Assets Control has automatically extended Chevron's (CVX, Financial) operating license in Venezuela until April 2025. This comes as Venezuelan oil experts report that the country's crude oil production has rebounded to 1 million barrels per day (bpd) this year, with expectations to reach 2 million bpd by 2025.Data from the U.S. Energy Information Administration (EIA) shows that in July, Venezuela exported over 300,000 bpd of crude oil to the United States, making it the ...

The oil sector encompasses companies involved in the exploration, extraction, refining, and distribution of oil and petroleum products. It includes major integrated oil companies, independent producers, and oil services firms. Oil stocks represent ownership in these companies traded on public exchanges. The sector’s performance is closely tied to global energy demand and oil prices.Investing in oil stocks can offer several potential benefits. Many oil companies pay substantial dividends, appealing to income ...

High-yield dividend stocks are returning to the spotlight as interest rates descend from record highs following the Federal Reserve’s recent 50-basis-point rate cut. With analysts increasingly bullish on certain large-cap names, there’s a compelling case for investors to consider adding these income-generating stocks to their portfolios. Below, let’s take a closer look at three large-cap stocks that boast attractive dividend yields, positive analyst sentiment, and potential upside.Get Chevron alerts: Kraft ...

Chevron Corporation (CVX) and Honeywell International Inc. (HON) recently announced a strategic collaboration to develop artificial intelligence (AI)-assisted solutions aimed at enhancing efficiency, productivity and safety within industrial automation. This partnership represents a significant move toward optimizing refining processes and addressing industry challenges through AI. These solutions will empower operators by offering advanced alarm management, operator guidance and real-time decision-making s ...

Chevron should be just fine in a decade, thanks largely to the continued demand for oil and natural gas.Chevron (CVX 1.65%) has basically decided to stick pretty close to its core, continuing to produce oil and natural gas instead of shifting toward cleaner alternatives as some European energy giants have done. Some investors might view that as a mistake, given the ongoing growth of renewable power. The fear is that oil and natural gas will eventually become obsolete. History suggests that's not likely to h ...

The Oil/Energy market saw a sharp rise following a significant escalation in Middle Eastern tensions after Iran launched a missile attack on Israel. Despite limited on-the-ground damage and minimal casualties, the move has heightened fears of further conflict that could disrupt global crude supplies.On Oct. 1, 2024, both WTI and Brent crude experienced notable price gains, driven by escalating tensions in the Middle East. Price for WTI crude surged 2.44%, closing at $69.83 per barrel, while that for Brent c ...