Chevron Corporation (CVX) , through its Angola’s subsidiary Cabinda Gulf Oil Company (“CABGOC”), has reached a milestone in the development of the country’s energy infrastructure with the successful first gas production from the Sanha Lean Gas Connection project. This achievement is critical to Chevron’s broader strategy to enhance Angola’s energy security, diversify economy and boost its standing as a key player in the global natural gas market. The Sanha Lean Gas Connection is designed to provide a reliab ...

Chevron Corporation (CVX) and Woodside Energy have agreed on an asset swap deal to restructure their portfolios and focus on their core projects in Australia. This strategic swap should support both companies to fulfill their long-term goals, focus on efficiency and enhance sustainability.Per the proposed transaction, Woodside will acquire Chevron’s 16.67% interests in the North West Shelf (NWS) Project, the NWS Oil Project and a 20% stake in the Angel Carbon Capture and Storage (CCS) initiative. In exchang ...

A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities.Analyst’s Disclosure: I/we have a beneficial long position in the shares of CVX either through stock ownership, options, or other derivatives. I wrote this ...

Chevron (CVX) closed at $142.97 in the latest trading session, marking a +0.08% move from the prior day. The stock lagged the S&P 500's daily gain of 0.73%. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq increased by 0.98%.Prior to today's trading, shares of the oil company had lost 12.02% over the past month. This has lagged the Oils-Energy sector's loss of 9.2% and the S&P 500's gain of 0.34% in that time.The investment community will be closely monitoring the per ...

Chevron Corporation (CVX) , one of the largest publicly traded oil and gas companies in the world, recently entered into a landmark 20-year agreement with Energy Transfer (ET) , securing a significant supply of liquefied natural gas (“LNG”) from the latter’s Lake Charles terminal in Louisiana. This deal marks a critical moment in the U.S. energy sector and sets the stage for a deeper integration of U.S. LNG in global markets. As global demand for clean and reliable energy sources grows, this agreement highl ...

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 .As we're headed into the last trading days of 2024, I am thankful for many things, including, but not limited to, my health (knock on wood), the fast growth of the community we're building on Seeking Alpha (thanks to more than 38,000 readers!), and theAnalyst’s Disclosure: I/we ...

Energy Transfer (ET 3.23%) has long sought to convert its existing Lake Charles LNG import and regasification facility to a liquified natural gas (LNG) export terminal. It started working on that project about a decade ago. It has encountered several obstacles along the way, including turbulent market conditions and regulatory issues. However, after many delays, the master limited partnership (MLP) is getting closer to making a positive Final Investment Decision on that project. It recently took another cru ...

The dividend yield of the S&P 500 has decreased in recent years due to the dominance of growth stocks in the index and stock prices outpacing dividend growth rates. With the index now yielding just 1.3%, investors looking for stocks to boost their passive income stream may want to consider higher-yielding options.Chevron (CVX 1.20%), United Parcel Service (UPS 2.47%), and the chemical specialist Dow (DOW 2.15%) yield 4.5%, 5.3%, and 7%, respectively, at the time of this writing. All three companies have sol ...

There are several reasons to believe that 2025 may be a gusher for long-suffering investors in the oil sector. Despite the United States pumping more oil than ever before, energy stocks, in general, have underperformed the market in 2023 and 2024. That underperformance speaks to the cyclical nature of supply and demand throughout the world. An easy way to invest in the oil sector is through an exchange-traded fund (ETF) such as the Energy Select SPDR Fund NYSEARCA: XLE. This fund holds approximately two do ...

I've been steadily buying shares of Chevron (CVX 1.20%) over the past couple of years. The main driver is the oil giant's high-yielding dividend, which provides me with a growing passive income stream. However, that's not the only catalyst. I think Chevron has the fuel to produce strong total returns over the coming years. Here's a closer look at why I can't seem to get enough of Chevron stock.A lucrative income streamChevron is an elite dividend stock. It has increased its dividend for 37 straight years, t ...