No matter how you want to play the energy sector, you have good options. Here are three of the top picks.With October now underway, there isn't one single way to play the energy sector, but that's not new. There have always been different tactics for investing in this volatile niche of Wall Street. The question is, which tactic is right for you?Here are three of the top energy stocks to consider as you try to answer that query: Devon Energy (DVN 1.51%), Chevron (CVX -0.34%), and Enbridge (ENB 0.81%). Let's ...

Chevron TodayCVXChevron$151.22 +0.27 (+0.18%) 52-Week Range$135.37▼$170.17Dividend Yield4.31%P/E Ratio13.91Price Target$179.00Add to WatchlistWith so many news items clamoring for investors’ attention, investors may not have noticed that the U.S. Federal Trade Commission (FTC) approved the merger between Chevron Corporation NYSE: CVX and Hess Corp. NYSE: HES. The approval came with the single stipulation that former Hess chief executive officer (CEO) would not join Chevron’s board of directors. The approval ...

The U.S. Treasury's Office of Foreign Assets Control has automatically extended Chevron's (CVX, Financial) operating license in Venezuela until April 2025. This comes as Venezuelan oil experts report that the country's crude oil production has rebounded to 1 million barrels per day (bpd) this year, with expectations to reach 2 million bpd by 2025.Data from the U.S. Energy Information Administration (EIA) shows that in July, Venezuela exported over 300,000 bpd of crude oil to the United States, making it the ...

The oil sector encompasses companies involved in the exploration, extraction, refining, and distribution of oil and petroleum products. It includes major integrated oil companies, independent producers, and oil services firms. Oil stocks represent ownership in these companies traded on public exchanges. The sector’s performance is closely tied to global energy demand and oil prices.Investing in oil stocks can offer several potential benefits. Many oil companies pay substantial dividends, appealing to income ...

High-yield dividend stocks are returning to the spotlight as interest rates descend from record highs following the Federal Reserve’s recent 50-basis-point rate cut. With analysts increasingly bullish on certain large-cap names, there’s a compelling case for investors to consider adding these income-generating stocks to their portfolios. Below, let’s take a closer look at three large-cap stocks that boast attractive dividend yields, positive analyst sentiment, and potential upside.Get Chevron alerts: Kraft ...

Chevron Corporation (CVX) and Honeywell International Inc. (HON) recently announced a strategic collaboration to develop artificial intelligence (AI)-assisted solutions aimed at enhancing efficiency, productivity and safety within industrial automation. This partnership represents a significant move toward optimizing refining processes and addressing industry challenges through AI. These solutions will empower operators by offering advanced alarm management, operator guidance and real-time decision-making s ...

Core Viewpoint - Chevron is expected to remain stable over the next decade due to sustained demand for oil and natural gas, despite some investors' concerns about the shift towards renewable energy sources [1][4][6]. Company Overview - Chevron operates as an integrated energy company, engaging in upstream oil and natural gas production, midstream transportation, and refining operations [2]. - The company's diversified asset portfolio helps mitigate the volatility associated with commodity prices [2]. Financial Strength - Chevron offers a generous dividend yield of 4.5%, which can increase to 6% or more during downturns, making it attractive for income investors [3]. - The company has maintained an annual dividend increase for 37 consecutive years, contrasting with the S&P 500's 1.2% yield [3]. - Chevron's debt-to-equity ratio stands at 0.15, lower than its peers, providing flexibility to manage leverage during challenging periods [3]. Long-term Energy Outlook - The growth of clean energy is a concern, but it is not expected to significantly impact oil and natural gas demand in the next decade [4][5]. - Historical trends indicate that oil and natural gas will continue to play a crucial role in the global energy mix, with forecasts from OPEC, EIA, and IEA supporting this view through 2045 to 2050 [5]. Global Energy Demand - The increasing global population and rising socioeconomic status are driving energy demand, particularly in countries like China and India, which saw energy use increases of 357% and 158% respectively from 1990 to 2021 [7][8]. - As these nations continue to grow economically, they will increasingly utilize renewable energy while still relying on oil and natural gas [8].

The Oil/Energy market saw a sharp rise following a significant escalation in Middle Eastern tensions after Iran launched a missile attack on Israel. Despite limited on-the-ground damage and minimal casualties, the move has heightened fears of further conflict that could disrupt global crude supplies.On Oct. 1, 2024, both WTI and Brent crude experienced notable price gains, driven by escalating tensions in the Middle East. Price for WTI crude surged 2.44%, closing at $69.83 per barrel, while that for Brent c ...

Make money while you sleep with stocks that keep increasing their dividends. Dividend growth investing is my favorite long-term investing strategy. Companies that consistently raise their shareholder dividends pay you more cash. Plus, companies need steady, profitable growth to pay those increasingly larger dividends, so it's an excellent strategy for finding high-quality companies that tend to perform well over time. The best way to make dividend growth stocks work for you is to buy them at a reasonable pr ...

Chevron Corporation (CVX) and Hess Corporation (HES) announced that the Federal Trade Commission ("FTC") had completed its antitrust review of the companies' proposed merger. This is a significant step toward finalizing the deal. However, this process has led to some notable changes regarding the role of Hess' CEO John Hess in Chevron. Key Changes John Hess had initially expected to join Chevron's board following the merger, which would have positioned him as one of its largest shareholders. Instead, Hess w ...