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Chevron (CVX) Maintains Presence in Venezuela Despite Tensions
Yahoo Finance· 2025-12-27 07:13
Chevron Corporation (NYSE:CVX) is included among the 12 Best Crude Oil Stocks to Buy for Dividends. Chevron (CVX) Maintains Presence in Venezuela Despite Tensions Chevron Corporation (NYSE:CVX) manufactures and sells a range of high-quality refined products, including gasoline, diesel, marine and aviation fuels, premium base oil, finished lubricants, and fuel oil additives. Chevron Corporation (NYSE:CVX) is maintaining its presence as the largest foreign investor in Venezuela, despite the mounting geopo ...
Chevron (CVX) Announces 2026 Capital Budget of $18 – $19 Billion
Yahoo Finance· 2025-12-10 20:12
Core Insights - Chevron Corporation (NYSE:CVX) is recognized as one of the 11 Energy Stocks suitable for a retirement portfolio [1] - The company announced a capital expenditure budget for FY2026 ranging from $18 billion to $19 billion, aligning with its annual CapEx guidance of $18 to $21 billion through 2030 [2][3] - Chevron aims to increase free cash flow by over 10% annually through 2030 while reducing costs and capital expenditures, with a target to cut costs by $3 billion to $4 billion by the end of next year [4] Financial Outlook - The capital expenditure for affiliate companies is projected to be between $1.3 billion and $1.7 billion [3] - Chevron expects its capital expenditure and dividend breakeven to remain below $50 per barrel of Brent crude through 2030 [4] Market Position - HSBC upgraded Chevron from 'Hold' to 'Buy', setting a price target of $169, indicating an upside potential of over 13% [5] - Chevron was also included in a list of 15 Long Term Stocks to Buy According to Reddit, highlighting its growing popularity among retail investors [5]
Chevron Corporation (CVX) Reports Strong Results for Q3 Despite Low Prices
Yahoo Finance· 2025-11-04 01:04
Chevron Corporation (NYSE:CVX) is included among the 11 Best High Yield Energy Stocks to Buy Now. Chevron Corporation (CVX) Reports Strong Results for Q3 Despite Low Prices Chevron Corporation (NYSE:CVX) manufactures and sells a range of high-quality refined products, including gasoline, diesel, marine and aviation fuels, premium base oil, finished lubricants, and fuel oil additives. Chevron Corporation (NYSE:CVX) remains resilient despite a low-price environment, and the oil giant reported strong resul ...