3 High-Yield Large Caps to Watch in the Volatile Energy Market
Chevron(CVX) ZACKS·2024-09-25 20:00
The Oil/Energy market has been roiled by concerns over a slowdown in global economic activity, particularly the decline in fuel demand in China. Both the U.S. and the global benchmark prices recently fell to their lowest levels in more than two years. Sustained volatility, combined with potential OPEC+ production increases, threatens to strain energy companies’ revenues and margins in the coming quarters, creating a challenging outlook for the operators.Given the current state of affairs in the energy sect ...