Is Congress still buying up war stocks?
Last month, it came to light that several US congressional leaders have been strategically investing in war-related stocks amid the ongoing conflict in the Middle East.
Chevron struggles to exit Myanmar gas project after nearly two years
Nearly two years after U.S. energy company Chevron condemned violence and human rights abuses in Myanmar and announced it would leave, the company said it still holds assets there, including a port...
Earnings Growth Turns Positive
With more than 60% of the Q3 results already out, earnings growth for the quarter is on track to turn positive despite the significant Energy sector drag.
Schumer, Democrats call for FTC probe of Exxon, Chevron acquisitions
Senate Majority Leader Chuck Schumer and 22 Democratic senators sent a letter to the FTC calling for an antitrust probe of acquisitions by ExxonMobil and Chevron.
ExxonMobil and Chevron Are Betting Big on Fossil Fuels. Should You?
ExxonMobil's merger with Pioneer is boosting its presence in the Permian Basin. Chevron's merger with Hess gives it access to promising offshore reserves in Guyana.
US Senator Schumer urges FTC to probe Exxon, Chevron mega-deals
U.S. Senate Majority Leader Charles Schumer on Wednesday urged the U.S. Federal Trade Commission to consider possible anti-competitive harms stemming from recent multi-billion dollar acquisitions b...
3 Oil Stocks Making Big Moves in Q4 2023
Oil markets got spooked this week, right in time for Halloween. On Monday, World Bank economists warned that oil prices could peak close to $150 per barrel.
Energy Stocks for Long-Term Growth: 3 Companies to Watch
The energy sector tends to provide substantial results during geopolitical conflicts because of changes in supply. Energy usually becomes more expensive because of declining production and distribu...
Exxon Mobil or Chevron? Which is the better buy?
The answer to whether Exxon Mobil NYSE: XOM or Chevron NYSE: CVX is a better buy is relative. Exxon was clearly the better buy for investors before the Q3 results were released, but now that those ...
Australia LNG workers vote in support for Chevron deal
An Australian union alliance's members voted in support to endorse deals on pay and conditions at Chevron's two liquefied natural gas (LNG) facilities in Australia, the union said on Tuesday.
Chevron's Global Ambitions Are Hitting Expensive Snags
Energy firm Chevron is expanding around the world, running up against geopolitical, geological, and labor challenges.
Buy Chevron stock on weakness, BofA says
Chevron Corp. CVX, +0.56% shares have been pummeled in recent weeks after a quarterly earnings miss for the oil giant and news it plans to merge with Hess Corp. HES, +0.69% The stock is down around...
Chevron upgraded to ‘Buy' as recent plunge in valuation presents ‘tactical opportunity'
Analysts at the Bank of America (BoA) have upgraded Chevron Corporation (NYSE:CVX) to a ‘Buy' rating from ‘Neutral' on their view the “unwarranted collapse” in the energy company's shares following...
Chevron-Hess deal may lift Bakken oil output, but no return to boom days
Chevron's deal announced last week to buy Hess , one of the largest operators in the Bakken shale play in North Dakota, could raise oil output there marginally but analysts do not expect a return t...
What Exxon and Chevron are telling us about the future of fossil fuels and oil demand
Massive mergers between 4 major oil companies have been announced in October alone — Chevron's (CVX) proposed buyout of Hess (HES) for $53 billion, ExxonMobil's (XOM) acquisition of Pioneer Natural...
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