Chevron Corp (NYSE:CVX)

Can Exxon Mobil and Chevron Earnings Escape the Oil Trap?

At the end of the third quarter, West Texas Intermediate crude oil traded at around $73 a barrel, a year-to-date increase of about 25%. The two U.S. supermajor integrated oil ...
Read Full Story »

Crude Oil Price Tumbles Below $70 on Surge in Inventories

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 6.5 million barrels last week, maintaining a total ...
Read Full Story »

Chevron, Exxon Hammer the Dow Thursday

October 11, 2018: Markets opened lower again Thursday and the three major indexes bounced around the break-even line for most of the day before turning solidly lower. Every sector traded ...
Read Full Story »

Crude Oil Price Rebounds Slightly on Another Big Increase in Stockpiles

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 6 million barrels last week, maintaining a total ...
Read Full Story »

Short Sellers Up the Ante in Major Oil Stocks

Crude oil was trading right around $74 a barrel early on Wednesday. Over the past month, crude has been up and down, reaching as high as about $77 and as ...
Read Full Story »

Jefferies Franchise List Energy Stocks Could Be Big Q4 Winners

The fourth quarter is underway, and with earnings reports for the third quarter set to start pouring in, many investors are looking to add stocks to their portfolios that offer ...
Read Full Story »

Rising Interest Rates and All, 13 Blue Chips Outyield 10-Year and 30-Year Treasuries

After a series of stops and starts throughout the Federal Reserve's interest rate hiking cycle, the eventual rise in long-term interest rates finally has started to play out in 2018. ...
Read Full Story »

Crude Oil Price Drops, Bounces Following Inventory Report

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories increased by 8 million barrels last week, maintaining a total ...
Read Full Story »

Goldman Sachs Makes 2 Big Changes on Its Oil Bets

Each morning's top analyst upgrades and downgrades come from dozens of various analyst reports. If there is one firm that can garner a serious look based on analysts changing opinions ...
Read Full Story »

Boeing, Chevron Lift the Dow Monday

October 1, 2018: Markets opened higher Monday on news that the U.S. and Canada had salvaged a trade deal at the eleventh hour on Sunday. The Nasdaq Composite began sinking ...
Read Full Story »

Crude Oil Price Dips Following Inventory Report

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 1.9 million barrels last week, maintaining a total ...
Read Full Story »

Rising Oil Prices Have Short Sellers Confused

Crude oil was trading right around $72 a barrel early on Wednesday. Over the past month, crude has been up and down, reaching as high as about $73 and as ...
Read Full Story »

3M Holds on as Dow’s Poorest Performer

For a second consecutive week, 3M Company (NYSE: MMM) is once again the Dow's cellar dweller. The industrial giant's stock added more than 4% last week but even that was ...
Read Full Story »

McDonald’s, Cisco Buoy the Dow Friday

September 21, 2018: Markets opened higher again Friday but only the blue chips appear to be in position to end the day with a gain. There was no significant economic ...
Read Full Story »

JPMorgan, Goldman Sachs Lift the Dow Wednesday

September 19, 2018: Markets opened higher again Wednesday but the tech sector dragged the Nasdaq Composite loser early in the day and the tech-heavy index never recovered. News was scarce ...
Read Full Story »