U.S. benchmark West Texas Intermediate (WTI) crude oil prices topped $80 per barrel on Jan. 15 after closing out 2024 closer to $70 per barrel. Geopolitical policy is driving higher prices.On Jan. 10, the U.S. hit Russia with strict sanctions, driving up prices. To quote a press release by the U.S. Department of State: "The United States is imposing sanctions today on more than 200 entities and individuals involved in Russia's energy sector and identifying more than 180 vessels as blocked property. This wid ...

The energy sector has entered 2025 with a mix of promise and uncertainty, as multiple factors shape the path forward. From shifting geopolitics to evolving market demands, the landscape remains as volatile as ever. While predictions are inherently complicated — subject to an array of variables that could skew outcomes — five key forecasts stand out this year.Natural gas bullishness, OPEC+ decisions, Chevron’s (CVX) acquisition of Hess Corporation (HES) , biofuels, and market volatility each present unique o ...

United States President Donald Trump‘s first day in office was marked by several announcements, including one focused on declaring a “national energy emergency” to help bring down prices.To this end, during his inaugural speech, President Trump highlighted the possible reintroduction of the “drill, baby, drill” initiative, signaling increased domestic oil and gas production.“America will be a manufacturing nation once again, and we have something that no other manufacturing nation will ever have, the larges ...

Chevron Corporation (CVX) , one of the world's largest oil and gas producers, has expressed its keen interest in energy exploration in Greece, a move that could significantly impact the country's energy future. The U.S.-based oil giant has officially submitted a non-binding expression of interest for an exploration block to Greece's Hellenic Hydrocarbons and Energy Resources Management Company (“HEREMA”), signaling the beginning of potential new partnerships in the country’s energy sector. CVX’s Expanding P ...

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Though Warren Buffett, the legendary ‘Oracle of Omaha,’ is known for playing the long game in the stock market and for advocating a ‘get rich slow’ approach, he is no stranger to rebalancing his holdings when there is a need or an opportunity.Late 2024 brought a major example of this as the famous investor dumped billions worth of Bank of America (NYSE: BAC) shares and purchased tens of millions of dollars worth of equity belonging to firms like VeriSign (NASDAQ: VRSN), Sirius XM (NASDAQ: SIRI), and Occiden ...

Chevron and Brightmark RNG Projects - Chevron Corporation (CVX) and Brightmark Fund Holdings joint venture, Brightmark RNG Holdings LLC, has achieved a major milestone by delivering the first gas at 10 renewable natural gas (RNG) projects across the Midwest [1] - Brightmark RNG Holdings now owns and operates 15 RNG projects in the Midwest, making it one of the leading dairy RNG providers in the United States [1] RNG Technology and Environmental Impact - Brightmark's RNG projects use anaerobic digestion technology to convert organic waste from farms into RNG, capturing harmful methane emissions and providing renewable energy for transportation fuel [2] - These projects have reduced more than 1.2 million tons of CO₂eq emissions, equivalent to planting nearly 20 million trees and nurturing them for a decade [2] Economic and Community Benefits - RNG projects help reduce methane emissions, contributing to economic development in local communities and creating new opportunities for transport, industry, and consumers [3] - Farm owners benefit from reduced waste, additional revenues, and lower carbon intensity through the implementation of these projects [3] Chevron's Market Position - Chevron is one of the largest publicly traded oil and gas companies globally, with operations spanning almost every corner of the world [4] - Currently, CVX has a Zacks Rank 3 (Hold) [4] Top Energy Sector Stocks - Investors interested in the energy sector might consider top-ranked stocks like ARC Resources Ltd (AETUF), Gulfport Energy Corporation (GPOR), and YPF Sociedad Anónima (YPF), all of which currently sport a Zacks Rank 1 (Strong Buy) [5] - ARC Resources has an expected EPS growth rate of 50.78% for next year, significantly higher than the industry growth rate of 10.50% [6] - Gulfport Energy's 2024 earnings are expected to grow by 108.53% year-over-year [6] - YPF Sociedad Anónima's 2024 earnings are expected to grow by 50.59% year-over-year [7]

Chevron Corporation (CVX) aims to achieve $6-$8 billion in free cash flow growth next year, fueled by strategic initiatives and operational enhancements. Key drivers include robust expansion in the Gulf of Mexico, the integration of Hess Corporation’s (HES) assets, and ongoing cost optimization efforts. Despite these positives, Chevron's stock has underperformed compared to ExxonMobil (XOM) (CVX) and the broader Oil/Energy sector over the past year. Coupled with declining earnings estimates for 2024 and 202 ...

Chevron Corporation (CVX) , one of the world’s leading oil companies, recently announced that the company did not discover commercially viable hydrocarbon reserves in its Kapana 1X exploration well in Namibia’s Orange Basin. Despite this setback, the company has highlighted that the well provided significant geological insights and valuable data regarding the basin’s potential. CVX’s continued interest in Namibia, alongside the growing interest from other major oil companies, highlights the nation's status ...

Chevron (CVX) closed the most recent trading day at $158.33, moving +0.91% from the previous trading session. This move lagged the S&P 500's daily gain of 1.83%. Meanwhile, the Dow gained 1.65%, and the Nasdaq, a tech-heavy index, added 2.45%.The oil company's stock has climbed by 5.93% in the past month, exceeding the Oils-Energy sector's loss of 7.35% and the S&P 500's loss of 3.31%.Market participants will be closely following the financial results of Chevron in its upcoming release. The company plans to ...