The Oil/Energy market has been roiled by concerns over a slowdown in global economic activity, particularly the decline in fuel demand in China. Both the U.S. and the global benchmark prices recently fell to their lowest levels in more than two years.  Sustained volatility, combined with potential OPEC+ production increases, threatens to strain energy companies’ revenues and margins in the coming quarters, creating a challenging outlook for the operators.Given the current state of affairs in the energy sect ...

In a significant step toward decarbonization and reducing methane slip, Chevron Shipping Company LLC, a subsidiary of Chevron Corporation (CVX) , has associated with a global leader in LNG technology, Wärtsilä Oyj Abp (WRTBY) , to convert one dual-fuel engine to spark-gas operated in six of its LNG carriers. This conversion will greatly reduce greenhouse gas emissions, leading to a low-carbon future and a better environment.Importance of Converting the Engines to Spark Gas OperatedAlthough methane, which es ...

Chevron Corporation (CVX) has taken a decisive step in its energy strategy by choosing not to invest in a U.S. liquefied natural gas (LNG) plant. Instead, the company is shifting its focus toward selling gas directly to the market, taking full advantage of the United States’ expansive midstream market. This strategic choice, which reflects the company's long-term goals in natural gas monetization without the need for LNG conversion infrastructure, is significant for CVX and the LNG sector as a whole. Chevro ...

These companies can handle the ebb and flow of oil prices better than others.Oil prices have been on a downward trajectory since peaking in April. WTI, the primary U.S. oil price benchmark, has fallen from more than $85 a barrel to its recent level of around $70. That slump will have varying impacts across the oil patch. Chevron (CVX 0.48%), Plains All American Pipeline (PAA -0.67%), and Enterprise Products Partners (EPD -0.24%) stand out to a few Fool.com contributors for their more resilient businesses. H ...

2024 has been a strong market year, with most high-performing sectors continuing to rise and interest-rate sensitive segments like REITs and utilities rebounding on a lower rate outlook. The worst-performing sector year-to-date is Energy, with The EnergyHarrison is a financial analyst who has been writing on Seeking Alpha since 2018 and has closely followed the market for over a decade. He has professional experience in the private equity, real estate, and economic research industry. Harrison also has an ac ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .I sometimes jokingly say that I have a "win-win" strategy. When my stocks go up, I win - this one is obvious. When my stocks go down, I get to buy great companies at great prices - I win again.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any ...

U.S. energy major Chevron Corporation (CVX) and the Republic of Cyprus have decided to hold discussions over the next four months to get a mutually beneficial deal that will ensure the Aphrodite gas field's development without further delays.In order to go ahead with the project, the Chevron-led consortium has submitted an updated development plan to the Republic of Cyprus, hoping to avoid the termination of the project.Chevron’s Interest in the ProjectThe Aphrodite gas field was discovered by Noble Energy ...

Oil prices have been weak of late, leaving energy stocks on the defensive. There are two that deserve a closer look just the same.Oil prices are well off their post-pandemic highs. All sorts of geopolitical events and supply/demand gyrations have played out over the last four years or so.All through it, Chevron (CVX 0.38%) and TotalEnergies (TTE -0.41%) have stuck to their unique business playbooks. There's no reason to think that will change, and both high-yield oil stocks are just as attractive today as t ...

Chevron Corporation’s (CVX) CEO Mike Wirth openly criticized the Biden administration's recent decisions related to the natural gas sector, particularly the halt on new liquefied natural gas (“LNG”) export licenses. Speaking at the GasTech conference in Houston, Wirth argued that this pause will lead to higher energy costs, disrupt supplies for U.S. allies and inadvertently increase emissions by delaying the shift from coal to natural gas. Risks to Economic Prosperity From LNG Export PolicyWirth contended t ...

Energy major Chevron Corporation (CVX) emerged as August’s most shorted large-cap stock in the United States ahead of Tesla (TSLA) , according to Hazeltree’s Shortside Crowdedness Report.Report: Shorting Chevron Stock Surges $200 millionThe report, which compiles data from approximately 700 asset management funds globally, revealed that the total value of Chevron's stock used for shorting surged by more than $200 million last month.Short selling occurs when a trader sells shares they don't own, hoping that ...