Forget Chevron, Buy This Magnificent High-Yield Oil Stock Instead
Chevron(CVX) The Motley Fool·2024-07-13 22:03
The oil major faces some uncertainty, and it might be time to start looking at investing in some other oil stocks as well.Chevron (CVX 0.21%) is a fine and worthy company, and it represents an excellent way to get exposure to a relatively high price of oil. At the same time, there's a significant amount of uncertainty hanging over the stock in connection with its planned $53 billion acquisition of Hess.That's why it makes sense for Chevron investors to think about diversifying to avoid stock-specific risk b ...