Democratic Republic of Congo is nearing an agreement with neighbouring Angola over one of the offshore blocks between the countries that have been the subject of a 50-year dispute, Congo's oil ministe
Chevron Corporation (NYSE:CVX)'s planned acquisition of PDC Energy Inc is another example of the company effectively using its premium multiple to acquire companies, analysts at RBC Capital Market sai

Why Are Oil Stocks Up Today?

09:28am, Monday, 05'th Jun 2023
American oil stocks like Chevron (NYSE: CVX ) and Exxon-Mobil (NYSE: XOM ) are rising on news that Saudi Arabia has agreed to further reduce its oil production by 1 million barrels/day. Chevron will o
Jefferies analysts pose the question of whether OPEC+ cutting barrels is “a good or bad indicator” for oil markets and oil stocks. The answer is a bit mixed.
Chevron's acquisition of PDC Energy highlights the valuation differences that give Chevron a shopping advantage. The positive reaction of the market to the acquisition announcement may mark a coming c

7 Energy Stocks Powering Up for a Rally

04:15pm, Sunday, 04'th Jun 2023
The market is always forward-looking. That's one explanation for the drop in energy stocks after a blowout year in 2022.

1 Top Oil Stock I'm Buying in June

10:16am, Saturday, 03'rd Jun 2023
Oil prices seem likely to rally later this year as demand outpaces supplies. That will enable Chevron to produce even more cash.
The NY Fed estimates a 68% recession probability within the next 12 months, the highest risk in 42 years. Dividend aristocrats can provide a relatively safe investment option during a recession, with
The two oil giants are apparently on the cusp of making a deal to enter a big new market. This was according to a media report in a top business newspaper.
Venezuela's oil exports fell 14% in May from the previous month as crude upgraders at its main oil region produced less exportable grades and state-run oil firm PDVSA struggled to replenish inventorie
Chevron (CVX) and Exxon face contrasting shareholder perspectives as climate change proposals get rejected in annual meetings.
Chevron's high free cash flow yield gives it an attractive valuation. Catalysts on the horizon should grow its cash flow.
The North African nation's vast reserves and proximity to Europe make it attractive to the U.S. drillers that have huge cash troves to invest.

Commodity Stocks Are Cheap. Time to Buy Soon.

05:19pm, Thursday, 01'st Jun 2023
The Energy Select Sector SPDR ETF is down about 16% from a multiyear peak in late 2022, and the SPDR S&P Metals & Mining ETF is down about 30%.

Chevron stock outlook: RBC sees a 20% upside

04:36pm, Thursday, 01'st Jun 2023
Chevron Corporation (NYSE: CVX) has lost more than 10% in less than two months but an RBC Capital Markets analyst says a recovery may be brewing.
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