Crude oil prices have slumped about 15% over the past year. That has pushed West Texas Intermediate (WTI), the primary U.S. oil price benchmark, below $70 a barrel. That decline will weigh on the oil-fueled...
Summary Hess Corporation (HES) shows strong technical indicators with 100% buy signals, a Trend Seeker buy signal, and consistent price appreciation above key moving averages. The company operates in exploration,...
Chevron (NYSE: CVX) stock has gone nowhere over the past three years. It's a real headscratcher, considering the performance of other energy stocks. The average one in the S&P 500 is up more than 20% in...
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -1.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.83%. June E-mini...
If you are looking to add exposure to the energy sector in your portfolio, you are probably considering Chevron (NYSE: CVX) as an option. It is a very good option, though that has to be explained a little...
In late 2023, Chevron (NYSE: CVX) made a bold move by agreeing to acquire Hess (NYSE: HES) for $53 billion. The transaction will enhance and extend the company's production and free cash flow growth outlook...
Chevron Corporation CVX, a major player in the global oil and gas sector, is moving forward with its plans to meet the growing energy demands of data centers across the United States. With the global shift...
Chevron (CVX) has recently acquired nearly 5% of Hess (HES) by purchasing 15,380,000 shares between January and March this year, a move valued at approximately $2.3 billion. The acquisition was made at...
Chevron said it purchased 15.38 million shares of Hess Corporation, representing approximately a 4.99% stake in the company. Based on Monday’s price of $150, Chevron’s latest stake acquisition is worth...
Exxon Mobil Corporation XOM is doubling on natural gas development with its eighth oil project offshore Guyana, marking the largest gas initiative yet in the Stabroek Block. The Longtail project, led by...