Will Chevron's Dividend Growth Outlook Weaken Amid Headwinds?
Key Takeaways CVX's dividend growth may decelerate due to rising shale reinvestment and lost Venezuelan output. The Permian's short-cycle nature requires constant drilling, limiting free cash flow for dividend hikes. Tengiz project relief by 2026 may help, but near-term focus is on balance sheet strength and production.Chevron Corporation (CVX) has long been a reliable dividend stock in the energy sector, offering stability in a typically volatile space. With a current yield around 5% and a five-year divi ...