Group 1 - Kazakhstan announced that Chevron has committed to implementing measures for the reliable and safe operation of facilities at the Tengiz oilfield [1]

TotalEnergies (NYSE: TTE) is a proven survivor in the oil patch. It is also an innovator that has started to include electricity production in its energy portfolio. The current geopolitical tension in Venezuela and elsewhere could cause some disruption to the energy market, but it won't stop me from continuing to buy TotalEnergies' stock. Energy prices have always been volatile While some theorists claim that Wall Street is efficient, the truth is that it can be highly emotional over short periods. That' ...

Oil producer Chevron is set to boost exports of Venezuelan crude to the U.S. to some 300,000 barrels per day (bpd) in March, from 100,000 bpd in December and some 230,000 bpd so far this month, two sources with knowledge of the plans said on Wednesday. ...

Core Viewpoint - The article discusses the increasing investment in Chevron by major asset managers, indicating a potential opportunity in the oil and gas sector as oil prices rebound and Chevron is perceived as undervalued relative to its future potential [1][2][3]. Group 1: Investment Activity - Major asset managers like BlackRock and The Vanguard Group have increased their positions in Chevron, with BlackRock acquiring an additional 20.1 million shares and Vanguard increasing its position by 27.9 million shares [3]. - Fayez Sarofim & Co has also raised its position by approximately 1.3 million shares, reflecting a broader trend of institutional investment in Chevron [5]. Group 2: Valuation and Future Potential - Chevron is currently trading at around 21.5 times forward earnings, which is considered high for an integrated oil and gas stock, but may not accurately reflect its future earnings potential [7]. - Long-term earnings forecasts predict a significant increase in earnings per share from $6.73 to $13.55 within two years, supported by Chevron's focus on cost reduction and cash flow growth [8]. Group 3: Return on Capital and Strategic Initiatives - Chevron's return-of-capital efforts, including a share repurchase program and a dividend yield of 4.1%, are expected to enhance long-term returns for investors [9]. - The company is also investing in projects to provide energy to AI data centers, which could serve as an additional catalyst for stock performance [9].

Core Viewpoint - Woodside Energy Group has reported strong production performance in 2025, achieving record annual production of 198.8 million barrels of oil equivalent (MMboe), driven by high reliability at key facilities and progress on major projects [2][11]. Production and Financial Performance - The company provided guidance for 2025 production between 192 - 197 MMboe, with a preliminary result of 198.8 MMboe, indicating a strong performance across its assets [1]. - Unit production costs are expected to be around $7.6 - 8.1 per barrel of oil equivalent (boe), with a preliminary estimate of approximately $7.8 [1]. - Revenue for Q4 2025 was reported at $3,035 million, a decrease of 10% from Q3 2025 and a 13% decline year-over-year [11]. - Total production for 2025 was 198.8 MMboe, a 3% increase from 193.9 MMboe in 2024 [11]. Project Developments - The Scarborough Energy Project is 94% complete and on track for first LNG cargo in Q4 2026, with hook-up activities underway [3]. - The Beaumont New Ammonia project achieved first production in December 2025, with plans for lower-carbon ammonia production in the second half of 2026 [4]. - The Louisiana LNG Project's foundation phase is 22% complete, targeting first LNG in 2029 [5]. Strategic Partnerships and Agreements - Woodside entered a strategic partnership with Williams, selling a 10% interest in Louisiana LNG HoldCo and an 80% operating interest in PipelineCo, with Williams contributing approximately $1.9 billion in capital expenditure [6]. - Long-term agreements for conventional ammonia supply from Beaumont have been finalized, with deliveries set to commence in 2026 [5]. Operational Highlights - The company achieved 100% reliability at Pluto LNG for the second half of 2025, contributing to strong production levels [2]. - The North West Shelf Project's Greater Western Flank Phase 4 was approved, extending production by about one year with an internal rate of return of approximately 30% [8]. - Woodside successfully bid on eight exploration blocks in the Gulf of America, enhancing its exploration portfolio [9]. Future Guidance - For 2026, Woodside expects production volumes of 172 - 186 MMboe, reflecting planned downtime at Pluto [10]. - Capital expenditure for 2026 is projected at $4,500 million, excluding final acquisition payments for Beaumont New Ammonia [35].

Chevron said on Tuesday it has appointed former American Airlines Chairman and CEO Thomas W. Horton to the energy major's board as an independent director. ...

HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today announced Thomas W. Horton has joined the company's Board of Directors as an Independent Director and has been appointed to the Board Audit Committee. Horton, 64, is a partner at Global Infrastructure Partners, a global infrastructure-investment firm, and was a senior advisor at private-equity investor Warburg Pincus. Horton previously held senior roles as chairman of American Airlines Group, Inc., and chairman, CEO and president a. ...

Core Viewpoint - Chevron is urging Iraq to enhance returns on the West Qurna 2 oil field as a prerequisite for acquiring the project from Lukoil [1] Group 1 - Chevron is a major U.S. oil company involved in negotiations regarding the West Qurna 2 oil field [1] - The acquisition of the project from Russia's Lukoil is contingent upon improved financial returns from the oil field [1]

Core Insights - Chevron Corporation has signed a memorandum of understanding (MoU) with Libya's National Oil Corporation (NOC) to explore new oil and gas development opportunities, marking a strategic return to Libya after over a decade [1][8] - The agreement aligns with Libya's efforts to boost energy production and re-establish itself as a key player in the global oil market, while also enhancing Chevron's presence in high-potential emerging markets [2][3] Chevron's Strategic Re-Entry - Chevron's initial operations in Libya began in 2004 but were halted around 2010 due to operational setbacks and regional instability; the MoU signifies renewed interest in the Libyan energy sector [3][4] - Libya is home to an estimated 48 billion barrels of oil and substantial gas deposits, presenting significant opportunities for Chevron to enhance production capabilities [4][11] Libya's Energy Sector Potential - Libya's energy sector is crucial to its economy, contributing significantly to national revenues and GDP, and ranks among the top 10 nations globally in terms of oil reserves [5] - The Libyan government is focused on reviving its energy sector by encouraging foreign investments and partnerships with international oil majors [5][6] NOC's Goals and Collaboration - NOC aims to increase Libya's oil production, which has fluctuated between 600,000 and 1 million barrels per day, significantly below its capacity of 1.6 million barrels per day [11] - The partnership with Chevron is expected to enhance production rates, operational efficiencies, and sustainability practices within Libya's oil sector [6][7] Technological Advancements and Sustainability - Chevron's advanced drilling techniques and technological expertise are anticipated to revitalize Libya's oilfields and improve extraction efficiency [7][12] - The partnership is also expected to foster innovations in environmental practices, including enhanced safety protocols and reduced emissions, contributing to sustainable energy production in Libya [13][14] Economic Impact and Future Outlook - Chevron's re-engagement in Libya is seen as a positive shift for the Libyan government, indicating confidence in the country's potential to stabilize and efficiently produce oil [10] - The collaboration is positioned to create lasting economic prosperity for Libya, modernizing infrastructure and paving the way for growth in the energy sector [15]

Core Viewpoint - Chevron Corporation (CVX) is expected to report fourth-quarter 2025 results on January 30, with revenues estimated at $52.7 billion, reflecting a modest increase of 0.8% year-over-year, while earnings per share (EPS) is projected at $1.47, indicating a nearly 29% decline from the previous year [1][2]. Revenue and Earnings Estimates - For the full year 2025, Chevron's revenues are estimated at $191.8 billion, representing a decrease of 5.5% year-over-year, with EPS expected to be $7.25, indicating a contraction of around 27.9% [2]. Earnings Surprise History - In the last reported quarter, Chevron achieved an earnings surprise of 11.5%, beating the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 2.8% [3]. Earnings Prediction Model - The Zacks model does not predict a definitive earnings beat for Chevron in the fourth quarter, as the Earnings ESP is -2.39% and the Zacks Rank is 4 (Sell) [4][5]. Factors Influencing Q4 Results - Despite strong upstream production momentum, earnings may be limited by weaker realized oil prices and higher depreciation costs. Upstream earnings are estimated at $2.9 billion, down 33% year-over-year, due to lower liquids realizations [6][8]. - Chevron's downstream segment is expected to contribute positively, with estimated income of $760 million, a significant turnaround from a loss of $248 million in the previous year, supported by refining gains and cost savings [10][11]. Capital Expenditures and Financial Commitments - Chevron's ongoing capital commitments, including organic capital expenditures of $4.4 billion in Q3 and full-year 2025 capex guidance of $17–$17.5 billion, may pressure fourth-quarter earnings [9]. Market Comparison - Chevron's stock has increased by 7.2% over the past six months, compared to a 10% growth in the broader Zacks Energy sector, while ExxonMobil's shares rose by 21% [14]. Valuation Perspective - Chevron is trading at a premium compared to the industry average in terms of forward price-to-earnings ratio and is above its five-year mean of 11.86 [17].