These oil stocks can generate big profits in the years ahead. Oil markets have been very volatile in recent years. In 2020, the price per barrel fell below $25, only to zoom past the $100 market two years later. Today, oil prices are hovering around $70 per barrel. If you're looking for oil stocks that can thrive in varying conditions, the two companies below are for you. Trust in superior capital allocation Capital allocation in the oil space can be difficult because a company's survival is often prioritiz ...

Occidental Petroleum Corp. OXY is down 13.4% in 2024 and over 20% in the last 12 months. However, that hasn't seemed to bother Warren Buffett one bit. His Berkshire Hathaway Inc. (NYSE: BRK-B) portfolio has continued to buy OXY stock. As of this writing, Berkshire owns approximately 29% of Occidental, with regulatory approval to buy up to 50%. Conversely, in the last quarter, Berkshire Hathaway sold 4.3 million shares of Chevron Corp. CVX. However, since the fourth quarter of 2022, Buffett has sold CVX stoc ...

Occidental Petroleum Corp. NYSE: OXY is down 13.4% in 2024 and over 20% in the last 12 months. However, that hasn’t seemed to bother Warren Buffett one bit. His Berkshire Hathaway Inc. NYSE: BRK.B portfolio has continued to buy OXY stock. As of this writing, Berkshire owns approximately 29% of Occidental, with regulatory approval to buy up to 50%.  Conversely, in the last quarter, Berkshire Hathaway sold 4.3 million shares of Chevron Corp. NYSE: CVX. However, since the fourth quarter of 2022, Buffett has so ...

In the latest market close, Chevron (CVX) reached $148.73, with a +0.68% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.47%. At the same time, the Dow added 0.79%, and the tech-heavy Nasdaq gained 0.28%.The oil company's shares have seen an increase of 3.01% over the last month, surpassing the Oils-Energy sector's loss of 6.86% and falling behind the S&P 500's gain of 3.48%.Investors will be eagerly watching for the performance of Chevron in its upc ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Chevron (CVX) .Chevron currently has an average brokerage recommendation ( ...

Don't overlook the value of getting paid well through the highly volatile energy cycle. Especially when the stock has an above-average yield.Stocks in the energy sector tend to be volatile, largely because oil prices often swing dramatically and quickly. That's just par for the course if you want to invest in oil and natural gas stocks. That said, there's a way to position yourself to survive the frequent ups and downs in relative stride.One way is to invest in an energy stock that has a generous yield, a s ...

Core Viewpoint - Warren Buffett's recent investment decisions involve selling Chevron and buying Occidental Petroleum, but for average investors, it may be wiser to stick with Chevron due to its strong financial position and reliable dividend growth [1][7]. Energy Sector Overview - The energy sector is characterized by volatility, with oil and natural gas prices subject to rapid fluctuations influenced by supply, demand, economic conditions, and geopolitical events [2]. - Integrated energy companies, like Chevron and Occidental, are better equipped to manage these price swings due to their diverse operations across upstream, midstream, and downstream segments [3]. Company Comparisons - Chevron is a major player in the industry with a market capitalization of approximately $270 billion, while Occidental Petroleum is significantly smaller at around $50 billion [4]. - Occidental's aggressive growth strategy, including its acquisition of Anadarko Petroleum, has led to increased debt and a history of dividend cuts, contrasting with Chevron's consistent dividend growth over 37 years [5][6]. Financial Strength and Dividend Yield - Chevron boasts a strong financial position with one of the lowest debt-to-equity ratios in the integrated energy sector and offers an attractive dividend yield of 4.4%, compared to Occidental's 1.6% and the average energy stock's 3.3% [5][6]. - Despite recent management efforts to operate more conservatively post-Anadarko acquisition, Occidental's financial leverage remains a concern for average investors [6]. Investment Considerations - Buffett's investment strategy may not align with the risk tolerance of average investors, who may prefer the stability and reliability of Chevron as a long-term investment [7].

The Permian Basin remains a key driver of opportunity in the Oil/Energy sector. Its steady production growth, combined with operational efficiencies and strategic importance, presents a strong investment case. Companies with a focus on the Permian, such as EOG Resources (EOG) , Diamondback Energy (FANG) , ExxonMobil (XOM) , and Chevron (CVX) , are well-positioned to deliver substantial value in the years ahead, making them worthy of close investor attention. Permian Basin: A Key Growth Driver for Energy Inv ...

Chevron (CVX, Financial) is negotiating with Tokyo Gas for the sale of its natural gas assets in eastern Texas, potentially valuing the deal at up to $1 billion, according to insiders. This transaction focuses on Chevron's holdings within the Haynesville Shale field. Tokyo Gas aims to boost its access to U.S. fuel reserves, essential for Japan's energy supply given its reliance on imported fossil fuels.In December, Tokyo Gas expanded its presence in the Haynesville Basin by acquiring Rockcliff Energy for $2 ...

Since the onset of the COVID-19 pandemic, oil prices have experienced dramatic fluctuations, underscoring the inherent volatility of the energy sector. However, certain key factors contribute to the relatively lower volatility of dividend-yielding stocks within this space. This dynamic positions companies such as Chevron Corporation (CVX) , Phillips 66 (PSX) and Exxon Mobil Corporation (XOM) for potential growth, prompting investors to monitor these stocks as they seek stability amid market uncertainty.Turb ...