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1 Warren Buffett Stock With 13% Upside in 2024
24/7 Wall Street· 2024-05-07 11:25
1 Warren Buffett Stock With 13% Upside in 2024 MattGush / iStock Editorial via Getty Images With almost $200 billion in cash on its balance sheet, a fresh all-time high, Berkshire Hathaway (NYSE: BRK-B) has never looked better. But with shares trading in the stratosphere, investors looking to follow the billionaire’s strategy might like to get creative. One surefire way to do this is to identify select stocks in Buffett’s portfolio that are poised for gains and income. One Warren Buffett-owned stock with ...
Chevron CEO says natural gas demand will outpace expectations on data center electricity needs
CNBC· 2024-05-06 16:30
Natural gas demand will likely outpace expectations as electricity consumption surges from artificial intelligence and data centers, Chevron CEO Mike Wirth told CNBC on Monday."It's a little hard to quantify right now because this is evolving so quickly on the AI side," Wirth told CNBC's Sara Eisen at the Milken Institute's Global Conference in Los Angeles. "But I think demand for natural gas is likely to be higher than what people have been estimating up until now."Wirth said the move to electrify the nati ...
3 Dividend-Paying Energy Stocks to Buy Hand Over Fist in May
The Motley Fool· 2024-05-06 12:45
With energy prices on the rise, here are three dividend stocks to consider in the energy sector, from high risk to low risk.There's one vital aspect of the energy sector that you can't ignore -- oil and natural gas prices are highly volatile. That means you have to go in with your eyes open to the risks, even when energy prices are strong. But income investors don't have to fret since there are multiple ways to collect dividends in the energy space and one will probably suit you regardless of your risk appe ...
Chevron(CVX) - 2024 Q1 - Quarterly Report
2024-05-02 15:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-00368 Chevron Corporation (Exact name of registrant as specified in its charter) 5001 Executive Parkway, Suite 200 Delaware 94-0890210 San Ramon,California 94583-5006 (State ...
Chevron Remains Confident It Will Close This Needle-Moving Acquisition
The Motley Fool· 2024-05-01 08:27
Chevron firmly believes Exxon's case against it has no merit.Chevron's (CVX -3.04%) share price has underperformed oil prices and other energy stocks over the past few months. A big factor driving that relative underperformance is the uncertainty surrounding its massive acquisition of Hess (HES -3.46%). That's after rival ExxonMobil (XOM -1.15%) launched an arbitration case to assert its rights to buy Hess' stake in the Stabroek block offshore Guyana, which Exxon operates. Chevron doesn't think Exxon's case ...
Chevron: The Fast Way To Hot Spots
Seeking Alpha· 2024-05-01 07:00
bjdlzx It is really interesting to watch money talk when the corporation is considered a major oil and gas company. Chevron (NYSE:CVX) from time to time makes money talk plenty. Shareholders are likely benefitting from all that chatter for years to come. First came the offer for Hess (HES) which management briefly discussed during the conference call. Hess recently reported earnings of $3.17 per share as Guyana production soared to about 190,000 BOD from 112,000 BOD. Hess First Quarter 2024 Earnings Com ...
Sintana Energy welcomes NAMCOR-Chevron deal to develop offshore Namibia block
Proactive Investors· 2024-04-29 19:19
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Energy ETFs in Focus Post Exxon, Chevron's Weak Q1 Earnings
Zacks Investment Research· 2024-04-29 17:20
Two energy behemoths — Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) — reported disappointing first-quarter 2024 results. Both companies lagged estimates on revenues, while Chevron managed to beat earnings estimates. Lower gas prices and narrowing refining margins took a toll on their profits.XOM shares fell 2.8% at the close on the day following the earnings announcement, while CVX gained a modest 0.4%. This has put the focus on energy ETFs like Energy Select Sector SPDR (XLE) , Vanguard Energy ETF (VDE) ...
How Much Will Chevron Pay in Dividends This Year?
The Motley Fool· 2024-04-29 12:31
Chevron is one of the top dividend stocks in the oil patch.Chevron's (CVX 0.37%) dividend is its top financial priority, and it aims to increase its payout consistently. The oil giant raised its dividend per share by 8% in early 2024, its 37th straight year of growing the dividend (one of the longest streaks in the oil patch). Here's a look at how much Chevron will likely pay in dividends this year.Chevron's dividend continues to riseThe oil company paid a whopping $11.3 billion in dividends last year (up 3 ...
This Warren Buffett stock presents entry for savvy investors
Finbold· 2024-04-29 08:44
Whether you’re a seasoned investor or just starting, it’s wise to take cues from established, successful traders like Warren Buffett, the Chairman of Berkshire Hathaway (NASDAQ: BRK.A). Right now, one of his top picks, Occidental Petroleum (NYSE: OXY) stock, has seen a favorable dip, offering traders an entry opportunity.OXY stock entry point opportunity. Source: TrendSpider With OXY shares experiencing a pullback to $65 from a closing of $67, an opportunity arises as there’s a support zone of $65.98. On th ...