Chevron Stock News

Iowa State Bank grew its holdings in shares of Chevron Co. (NYSE:CVX) by 3.6% in the third quarter, HoldingsChannel reports. The fund owned 56,275 shares of the oil and gas companys stock after buying an additional 1,949 shares during the period. Chevron makes up about 1.6% of Iowa State Banks portfolio, making the stock its []

The energy sector took a broad beating Friday, and was the weakest of the S&P 500''s 11 key sectors, after crude oil prices were slapped down by fears that rising COVID cases in Europe will drive down demand. The SPDR Energy Select Sector ETF dropped 3.5%, with all 21 equity components losing ground, and has lost 5.5% amid a three-day losing streak. The biggest loser was Devon Energy Corp.''s stock , which slid 5.6%. Among other more active components, shares of Exxon Mobil Corp. slumped 4.3%, Marathon Oil Corp. gave up 4.3%, Occidental Petroleum Corp. lost 4.9%, Schlumberger Ltd. fell 5.1% and Chevron Corp. declined 2.2%. Meanwhile, crude oil futures shed 3.7% toward a seven-week low. The energy sector ETF has still run up 19.8% over the past three months, while crude oil futures have climbed 18.9% and the S&P 500 has gained 7.0%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

The Nasdaq was set for a record open on Friday as investors sought sectors less exposed to economic ructions ahead of voting on President Joe Biden''s $1.75 trillion spending bill, while rising COVID-19 cases in Europe also dented sentiment. The S&P 500 and Dow Jones were set to fall tracking losses in banks, airlines and other economically sensitive sectors. Uncertainty over rising inflation and the Federal Reserve''s policy tightening also kept demand for cyclical stocks low. The US House of Representatives early on Friday delayed an anticipated vote on passage of Biden''s social programs and climate change investment bill, and reconvened at 8 a.m. EST (1300 GMT) to complete the legislation. In Europe, rising COVID-19 cases saw Austria outline plans for a full lockdown, while Germany could follow suit amid a new wave of infections. "There''s some pandemic risk. However, I don''t believe that the US will head in the direction like Austria headed today. If Germany institutes a full lockdown, that would probably have an impact, again, to the supply chain," said Tom Mantione, managing director, UBS Private Wealth Management in Stamford, Connecticut. "The biggest risk here to the market is not legislative policy or pandemic

UBS Group upgraded shares of Chevron (NYSE:CVX) from a neutral rating to a buy rating in a research report released on Monday, Price Targets.com reports. The brokerage currently has $125.00 price objective on the oil and gas companys stock. A number of other brokerages have also recently weighed in on CVX. Redburn Partners raised Chevron []

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Writing in Oil Price, Simon Watkins says that, given the negative history of dealing with China over the Nassiriyah project and the fact that Russia is occupied elsewhere in the country and the region, the United States might be in an unusually positive position to take a significant role in either the Nassiriyah field development [] The post Chevron''s Oil Deal with Iraq "is One to Watch" first appeared on Iraq Business News .

American National Bank reduced its position in Chevron Co. (NYSE:CVX) by 0.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 57,065 shares of the oil and gas companys stock after selling 446 shares during the quarter. American National Banks holdings in Chevron were []

Wealth Alliance Advisory Group LLC increased its position in shares of Chevron Co. (NYSE:CVX) by 2.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,561 shares of the oil and gas companys stock after buying an additional 261 shares during the period. Wealth []

Sterling Manor Financial LLC decreased its position in Chevron Co. (NYSE:CVX) by 68.3% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 2,322 shares of the oil and gas companys stock after selling 5,000 shares during the period. Sterling Manor Financial LLCs holdings in Chevron were worth []

TPG Financial Advisors LLC boosted its position in Chevron Co. (NYSE:CVX) by 11.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,882 shares of the oil and gas companys stock after purchasing an additional 300 shares during the quarter. TPG Financial []

Hennessy Advisors Inc. decreased its holdings in Chevron Co. (NYSE:CVX) by 2.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 91,875 shares of the oil and gas companys stock after selling 1,850 shares during the quarter. Hennessy Advisors Inc.s holdings in Chevron were []

Oak Harvest Investment Services lifted its position in shares of Chevron Co. (NYSE:CVX) by 42.5% during the third quarter, Holdings Channel.com reports. The firm owned 6,596 shares of the oil and gas companys stock after buying an additional 1,966 shares during the quarter. Oak Harvest Investment Services holdings in Chevron were worth $669,000 as of []

Convex Finance (CURRENCY:CVX) traded down 5.7% against the U.S. dollar during the 24 hour period ending at 10:00 AM ET on November 18th. Convex Finance has a market cap of $724.37 million and $18.09 million worth of Convex Finance was traded on exchanges in the last 24 hours. Over the last week, Convex Finance has []

The Udenna Corporation of Davao businessman Dennis A. Uy strongly denied accusations that the company took out cash from the Malampaya revenues, which in turn, was allegedly used to pay for its acquisition of the 45 percent shareholdings of US firm Chevron Corporation in the Philippine gas field asset. I

The newly resuscitated Iraq National Oil Company (INOC) has been authorised by the government in Baghdad to directly negotiate with U.S. oil giant, Chevron, for it to develop the long-delayed Nasiriyah oil field in the southern DhiQar province, according to several domestic news sources. The idea of developing the 4.36 billion-barrel Nasiriyah oilfield has been mooted by a rapid succession of governments in Iraq since it was discovered by INOC in 1975. The original plan to develop the field on a standalone basis was shelved in the lead-up