Here's Why You Should Retain Chevron (CVX) Stock for Now

Chevron Corporation (CVX) is a leading integrated energy player. This Zacks Rank #3 (Hold) company’s earnings beat estimates in three of the last four quarters and missed the same in one. The Zacks Consensus Estimate for CVX’s 2024 and 2025 earnings per share (EPS) is pegged at $13.13 and $15.58, respectively.What's Favoring Chevron?The oil industry is extremely competitive and volatile. Small changes in demand or actions taken by petroleum-rich countries such as Saudi Arabia and Russia, whose interests may ...