5 hours ago
Costco has raised the price of its Kirkland Signature full-synthetic motor oil and begun limiting how much any one member can purchase, as a global lubricant shortage tied to the ongoing Middle East conflict pushes crude oil toward $100 a barrel.
That 10-quart case — two 5-quart bottles, enough for a typical V6 or V8 oil change — has jumped to $57.99, compared with the roughly $30 price members had grown accustomed to paying, according to The Drive. Stores are capping purchases at two units per customer per week. The retailer has also imposed a five-per-member limit on Mobil 1, with six quarts of that brand running $44.
The rationing reflects pressure from multiple directions. The connection to fuel prices runs through the refinery: base oil shares its crude-oil origins with gasoline and diesel, so when margins on finished fuel are strong, refiners have a financial reason to favor fuel production over lubricant stock, according to The Auto Wire. EIA data showed the gasoline crack spread sitting roughly a dollar per gallon higher than where it stood at the same point in 2025, a gap that has squeezed base oil availability and pushed its price upward.
Regulatory and licensing costs add a separate layer of expense. The Kirkland 5W-30 displays the dexos1 Gen 3 certification, GM's proprietary specification, and earning that mark is not free — manufacturers must put their formulation through GM's independent testing protocol and obtain a license from the automaker, paying separately for each product and each unit sold, according to The Auto Wire. Layered on top of that is an industry-wide burden: when the API SP category took effect around 2020, it introduced seven additional laboratory tests with no equivalent in the previous standard, among them a procedure targeting low-speed pre-ignition, the knock-like detonation problem **** ociated with modern turbocharged, direct-injection engines.
The supply squeeze is unfolding against a backdrop of a worsening global oil deficit. The International Energy Agency cut its 2026 global oil supply forecast to 102 million barrels per day in August, projecting a deficit of 1.8 million barrels per day in the third quarter — more than double its prior estimate. **** ulative global inventory draws since the start of the U.S.-Iran conflict have reached more than 500 million barrels, and Chevron CEO Mike Wirth said last week that the cushions that had softened earlier price increases have been exhausted. U.S. diesel prices crossed $6 per gallon for the first time, sitting at $6.06 as of Monday, an 8-cent increase from Sunday and 21 cents above week-earlier levels, according to AAA.
#barrels #wire
That 10-quart case — two 5-quart bottles, enough for a typical V6 or V8 oil change — has jumped to $57.99, compared with the roughly $30 price members had grown accustomed to paying, according to The Drive. Stores are capping purchases at two units per customer per week. The retailer has also imposed a five-per-member limit on Mobil 1, with six quarts of that brand running $44.
The rationing reflects pressure from multiple directions. The connection to fuel prices runs through the refinery: base oil shares its crude-oil origins with gasoline and diesel, so when margins on finished fuel are strong, refiners have a financial reason to favor fuel production over lubricant stock, according to The Auto Wire. EIA data showed the gasoline crack spread sitting roughly a dollar per gallon higher than where it stood at the same point in 2025, a gap that has squeezed base oil availability and pushed its price upward.
Regulatory and licensing costs add a separate layer of expense. The Kirkland 5W-30 displays the dexos1 Gen 3 certification, GM's proprietary specification, and earning that mark is not free — manufacturers must put their formulation through GM's independent testing protocol and obtain a license from the automaker, paying separately for each product and each unit sold, according to The Auto Wire. Layered on top of that is an industry-wide burden: when the API SP category took effect around 2020, it introduced seven additional laboratory tests with no equivalent in the previous standard, among them a procedure targeting low-speed pre-ignition, the knock-like detonation problem **** ociated with modern turbocharged, direct-injection engines.
The supply squeeze is unfolding against a backdrop of a worsening global oil deficit. The International Energy Agency cut its 2026 global oil supply forecast to 102 million barrels per day in August, projecting a deficit of 1.8 million barrels per day in the third quarter — more than double its prior estimate. **** ulative global inventory draws since the start of the U.S.-Iran conflict have reached more than 500 million barrels, and Chevron CEO Mike Wirth said last week that the cushions that had softened earlier price increases have been exhausted. U.S. diesel prices crossed $6 per gallon for the first time, sitting at $6.06 as of Monday, an 8-cent increase from Sunday and 21 cents above week-earlier levels, according to AAA.
#barrels #wire
2 days ago
During the September 3 episode of Mad Money, Jim Cramer mentioned Microsoft Corporation (NASDAQ:MSFT) for its unconventional approach to powering hyperscale data centers in partnership with Chevron Corporation (NYSE:CVX). He said:
How about Microsoft? Look, Mr. Softee is getting religion. They've realized that by giving us more disclosure on Azure, their cloud infrastructure business, we'll find more things to like. They're right. In the end, I come to praise Microsoft CFO Amy Hood, not bury her. They've been very clever getting power for the data centers, pumping it right out of the Permian. They got this deal with Chevron as a partner… 2.67 gigawatts. No one's talking about it. It's the cleanest behind the meter plan for power I have seen yet. People even, and this is not a stretch, I'm not kidding, people even like Copilot.
CFO Amy Hood provided Wall Street with a much clearer look at actual cloud demand by breaking down detailed Azure growth metrics and data center capacity constraints. At the same time, enterprise adoption of Microsoft 365 Copilot is moving past initial trials, with major corporations deploying the AI ***** istant across workforce segments.
A major highlight of the company's infrastructure strategy is a twenty-year agreement with Chevron Corporation (NYSE:CVX) for a proposed 2.67-gigawatt natural gas power plant in West Texas. Designed to supply dedicated off-grid electricity directly to a hyperscale data center in the Permian Basin, the project bypasses regional grid transmission queues to secure reliable power for continuous AI workloads. Microsoft Corporation's (NASDAQ:MSFT) president of Cloud Operations + Innovation, Noelle Walsh, commented:
Our agreement with Chevron helps ensure we'll have dedicated, large-scale power to support the evolution and reliability of advanced compute. Through this partnership, we're delighted to grow with and become a deeper part of the West Texas community.
#chevron #power #they 've
How about Microsoft? Look, Mr. Softee is getting religion. They've realized that by giving us more disclosure on Azure, their cloud infrastructure business, we'll find more things to like. They're right. In the end, I come to praise Microsoft CFO Amy Hood, not bury her. They've been very clever getting power for the data centers, pumping it right out of the Permian. They got this deal with Chevron as a partner… 2.67 gigawatts. No one's talking about it. It's the cleanest behind the meter plan for power I have seen yet. People even, and this is not a stretch, I'm not kidding, people even like Copilot.
CFO Amy Hood provided Wall Street with a much clearer look at actual cloud demand by breaking down detailed Azure growth metrics and data center capacity constraints. At the same time, enterprise adoption of Microsoft 365 Copilot is moving past initial trials, with major corporations deploying the AI ***** istant across workforce segments.
A major highlight of the company's infrastructure strategy is a twenty-year agreement with Chevron Corporation (NYSE:CVX) for a proposed 2.67-gigawatt natural gas power plant in West Texas. Designed to supply dedicated off-grid electricity directly to a hyperscale data center in the Permian Basin, the project bypasses regional grid transmission queues to secure reliable power for continuous AI workloads. Microsoft Corporation's (NASDAQ:MSFT) president of Cloud Operations + Innovation, Noelle Walsh, commented:
Our agreement with Chevron helps ensure we'll have dedicated, large-scale power to support the evolution and reliability of advanced compute. Through this partnership, we're delighted to grow with and become a deeper part of the West Texas community.
#chevron #power #they 've
3 days ago
ExxonMobil (XOM) is up 40% in 2026 to $164.83, powered by Brent crude surging from the low $60s to $96, delivering $14.5B in Q2 earnings.
Chevron (CVX) and the XLE ETF outpaced XOM with gains of 44% and 48% respectively, leaving the biggest U.S. major trailing its own sector.
Reaching $200 is possible but depends on crude holding near $96, while the EIA projects Brent falling to $79 by 2027.
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ExxonMobil (NYSE:XOM) stock is climbing Wednesday afternoon, extending a strong year for U.S. oil majors. ExxonMobil shares are up 3% in the current session to $164.83, carrying a 40% year-to-date gain. WTI crude oil has done much of the heavy lifting, and today it's up 3.29% over the past 24 hours to $96.09 per barrel.
#exxonmobil #crude
Chevron (CVX) and the XLE ETF outpaced XOM with gains of 44% and 48% respectively, leaving the biggest U.S. major trailing its own sector.
Reaching $200 is possible but depends on crude holding near $96, while the EIA projects Brent falling to $79 by 2027.
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ExxonMobil (NYSE:XOM) stock is climbing Wednesday afternoon, extending a strong year for U.S. oil majors. ExxonMobil shares are up 3% in the current session to $164.83, carrying a 40% year-to-date gain. WTI crude oil has done much of the heavy lifting, and today it's up 3.29% over the past 24 hours to $96.09 per barrel.
#exxonmobil #crude
4 days ago
The conflict between Iran and the United States has significantly affected global energy markets, disrupting petroleum shipments and raising fuel prices. After almost six months, the fighting has stopped most shipping via the Strait of Hormuz, a vital waterway that used to handle a fifth of the world's oil and natural gas.
This disruption has left consumers facing higher fuel costs and shortages, while creating a favorable environment for major oil producers. Chevron (CVX) , based in Houston, Texas, nearly quadrupled its profits in Q2 FY2026 as stronger energy prices supported its results.
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#Iran #hormuz
This disruption has left consumers facing higher fuel costs and shortages, while creating a favorable environment for major oil producers. Chevron (CVX) , based in Houston, Texas, nearly quadrupled its profits in Q2 FY2026 as stronger energy prices supported its results.
Dear Nvidia Stock Fans, Mark Your Calendars for September 10
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Why Stifel Just Revamped Its Price Target for Microsoft Stock
#Iran #hormuz
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6 days ago
The Dow Jones Industrial Average and the other major stock indexes fell Tuesday, with oil prices rising following an attack on Saudi Arabia by Iran-backed Houthis. Energy stocks jumped while software lagged. Meanwhile, memory-chip leader SK Hynix (SKHY) rallied on the stock market today, breaking out past a new buy point.
Stocks were under pressure in the first day of the shortened trading week, with the Dow industrials diving nearly 700 points. This equates to a 1.3% drop. Oil major Chevron (CVX) stood out with a 2% pop, putting shares back in a buy zone.
But Amgen (AMGN) plunged 9% and dropped to its 50-day moving average. It comes after a disappointing trial results for an experimental Novartis (NVS) cardiovascular treatment were seen as a negative indicator for the former firm's own fledgling heart treatment olpasiran. Novartis, not a blue chip stock, plummeted more than 13%.
The S&P 500 also felt the heat, dropping 0.4%. A majority of sectors were lower, with communication services and healthcare being hit the hardest. Energy and utilities were posting the best gains.
The tech-heavy Nasdaq composite was also being punished, falling 0.5%. Booking (BKNG) and Shopify (SHOP) lagged due to drops of more than 5% and around 8%, respectively. CoreWeave (CRWV) showed strength by rising more than 8%.
#major #rising #lagged
Stocks were under pressure in the first day of the shortened trading week, with the Dow industrials diving nearly 700 points. This equates to a 1.3% drop. Oil major Chevron (CVX) stood out with a 2% pop, putting shares back in a buy zone.
But Amgen (AMGN) plunged 9% and dropped to its 50-day moving average. It comes after a disappointing trial results for an experimental Novartis (NVS) cardiovascular treatment were seen as a negative indicator for the former firm's own fledgling heart treatment olpasiran. Novartis, not a blue chip stock, plummeted more than 13%.
The S&P 500 also felt the heat, dropping 0.4%. A majority of sectors were lower, with communication services and healthcare being hit the hardest. Energy and utilities were posting the best gains.
The tech-heavy Nasdaq composite was also being punished, falling 0.5%. Booking (BKNG) and Shopify (SHOP) lagged due to drops of more than 5% and around 8%, respectively. CoreWeave (CRWV) showed strength by rising more than 8%.
#major #rising #lagged
9 days ago
The global energy market has been upended by the geopolitical conflict in the Middle East, with reduced supply driving up oil and natural gas prices. However, companies like Chevron (NYSE: CVX), while benefiting from today's high energy prices, think in decades, not days, weeks, or months. In fact, volatility is the norm for the energy sector. Management's long-term approach is why Chevron is actively looking to invest in the conflict-torn Middle East. But what does this really mean for dividend investors?
There are many reasons to like Chevron as an investment. For example, it is large and geographically diverse, with exposure to the entire energy value chain. But one of the biggest is the company's consistency, which is highlighted by a 38-year streak of annual dividend increases. Add in a well-above market 3.5% yield, and the story gets even better for dividend lovers seeking to add some energy exposure to their portfolios.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Chevron's willingness to look beyond the conflict that is raging today is part of the story, too. In fact, it is planning to invest in Iraq and hopes to help build a pipeline that will allow energy companies to avoid traversing the Strait of Hormuz. Both could help the company maintain its impressive dividend growth streak, but they aren't the real dividend growth story investors need to be watching.
The real dividend growth story is Chevron's ability to think and act with a long-term mindset. The Iraq investment and pipeline are merely examples of decisions that allow the company to keep increasing its dividend. But what enables such decisions in the first place is the company's financial strength, as highlighted by its impressive balance sheet. At the end of the second quarter of 2026, its debt-to-equity ratio was 0.2x, second only to ExxonMobil (NYSE: XOM) in its peer group.
#NVIDIA #signal
There are many reasons to like Chevron as an investment. For example, it is large and geographically diverse, with exposure to the entire energy value chain. But one of the biggest is the company's consistency, which is highlighted by a 38-year streak of annual dividend increases. Add in a well-above market 3.5% yield, and the story gets even better for dividend lovers seeking to add some energy exposure to their portfolios.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Chevron's willingness to look beyond the conflict that is raging today is part of the story, too. In fact, it is planning to invest in Iraq and hopes to help build a pipeline that will allow energy companies to avoid traversing the Strait of Hormuz. Both could help the company maintain its impressive dividend growth streak, but they aren't the real dividend growth story investors need to be watching.
The real dividend growth story is Chevron's ability to think and act with a long-term mindset. The Iraq investment and pipeline are merely examples of decisions that allow the company to keep increasing its dividend. But what enables such decisions in the first place is the company's financial strength, as highlighted by its impressive balance sheet. At the end of the second quarter of 2026, its debt-to-equity ratio was 0.2x, second only to ExxonMobil (NYSE: XOM) in its peer group.
#NVIDIA #signal
10 days ago
U.S. President Donald Trump told oil producers and refiners that he wants lower gasoline prices, immediately, at a meeting at the White House this week.
As gasoline prices remain above $4 per gallon on average across the United States and drivers are heading for the most expensive Labor Day weekend gas prices on record, President Trump urged executives from Chevron, Marathon Petroleum, Valero Energy, and PBF Energy, among others, to raise refining capacity to increase fuel availability.
The problem for the U.S. Administration two months ahead of the mid-term elections is that American refiners cannot raise output in the short term. They have been running at full capacity for the entire summer, as the U.S.-Iran war has crippled crude and fuel supply out of the Middle East and depleted global inventories after many governments, including the U.S., tapped strategic resources to ease the worst supply disruption in the history of oil markets.
Refiners do not have an immediate solution to the high prices at the pump—except, of course, a major de-escalation and a lasting deal with Iran. But none of the significant levers to lower U.S. fuel prices are in the hands of the U.S. refiners.
No Easy Fix
#energy
As gasoline prices remain above $4 per gallon on average across the United States and drivers are heading for the most expensive Labor Day weekend gas prices on record, President Trump urged executives from Chevron, Marathon Petroleum, Valero Energy, and PBF Energy, among others, to raise refining capacity to increase fuel availability.
The problem for the U.S. Administration two months ahead of the mid-term elections is that American refiners cannot raise output in the short term. They have been running at full capacity for the entire summer, as the U.S.-Iran war has crippled crude and fuel supply out of the Middle East and depleted global inventories after many governments, including the U.S., tapped strategic resources to ease the worst supply disruption in the history of oil markets.
Refiners do not have an immediate solution to the high prices at the pump—except, of course, a major de-escalation and a lasting deal with Iran. But none of the significant levers to lower U.S. fuel prices are in the hands of the U.S. refiners.
No Easy Fix
#energy
10 days ago
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Chevron is making a multibillion dollar bet on Venezuela's troubled oil industry.
The company announced on Sept. 2 that it plans to expand operations and, together with Venezuelan joint-venture partners, invest over $7 billion to double local oil production within five years (1).
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#jeff
Chevron is making a multibillion dollar bet on Venezuela's troubled oil industry.
The company announced on Sept. 2 that it plans to expand operations and, together with Venezuelan joint-venture partners, invest over $7 billion to double local oil production within five years (1).
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#jeff
10 days ago
Chevron's 52-week high reflects three Venezuela JVs that grew production to 250,000 barrels daily, not the private company's 65-billion-barrel headline lease.
CVX's core thesis rests on Permian scale, Guyana's Stabroek block, and a 20-year Microsoft power purchase agreement, while Venezuela represents pure upside optionality.
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Venezuela reportedly lays claim to over 300 billion barrels of proven oil reserves, and the U.S. has set its sights on more of them.
Bloomberg News correspondent Tyler Kendall reported from Caracas this week that the headline prize of Washington's Venezuela deal, a 100-year lease on 17 strategic oil fields holding a claimed 65 billion barrels, went to a private, non-supermajor bidder: North American Blue Energy Partners, a private company that cannot develop the fields alone and has yet to sign on producing partners. Meanwhile, Chevron (NYSE:CVX) stock just printed a fresh 52-week high at $212.79 on a separate, parallel Venezuela commitment. The two developments deserve to be evaluated separately.
#barrels #lease #year
CVX's core thesis rests on Permian scale, Guyana's Stabroek block, and a 20-year Microsoft power purchase agreement, while Venezuela represents pure upside optionality.
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Venezuela reportedly lays claim to over 300 billion barrels of proven oil reserves, and the U.S. has set its sights on more of them.
Bloomberg News correspondent Tyler Kendall reported from Caracas this week that the headline prize of Washington's Venezuela deal, a 100-year lease on 17 strategic oil fields holding a claimed 65 billion barrels, went to a private, non-supermajor bidder: North American Blue Energy Partners, a private company that cannot develop the fields alone and has yet to sign on producing partners. Meanwhile, Chevron (NYSE:CVX) stock just printed a fresh 52-week high at $212.79 on a separate, parallel Venezuela commitment. The two developments deserve to be evaluated separately.
#barrels #lease #year
10 days ago
ADP's 92% client retention and $11.04 EPS covering a $6.64 dividend powers growth, while Aflac CEO Dan Amos confirmed 43 straight years of dividend increases.
Chevron leads the trio with a 3.49% yield, $15.4 billion in free cash flow, and a 20-year Microsoft power deal delivering returns independent of oil prices.
Owning all three Aristocrats together delivers genuine sector diversification across payroll fees, insurance capital, and integrated energy inside a single income strategy.
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Dividend Aristocrats get lumped together as if they are one defensive blob of consumer staples names, but the label actually spans wildly different business models. The three companies below sit in payroll processing, supplemental insurance and integrated energy, and each has stacked annual dividend increases well past the 25-year bar the headline demands.
#Dividend
Chevron leads the trio with a 3.49% yield, $15.4 billion in free cash flow, and a 20-year Microsoft power deal delivering returns independent of oil prices.
Owning all three Aristocrats together delivers genuine sector diversification across payroll fees, insurance capital, and integrated energy inside a single income strategy.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Dividend Aristocrats get lumped together as if they are one defensive blob of consumer staples names, but the label actually spans wildly different business models. The three companies below sit in payroll processing, supplemental insurance and integrated energy, and each has stacked annual dividend increases well past the 25-year bar the headline demands.
#Dividend
11 days ago
Italy's Eni has signed a 25-year contract with Venezuela's state oil company PDVSA that makes the Italian energy major the exclusive operator of the giant Junín-5 heavy-oil field in the Orinoco Belt.
The agreement gives Eni responsibility for the technical, financial and commercial management of Junín-5, which contains an estimated 35 billion barrels of certified oil in place but currently produces just 12,000 barrels per day.
The deal marks a significant change from the previous Petrojunín joint-venture structure, under which PDVSA held 60% and Eni 40%. Venezuela's recently reformed hydrocarbons law allows foreign and domestic companies greater autonomy to operate fields, market production and receive proceeds from oil sales.
The signing took place during U.S. Energy Secretary Chris Wright's visit to Caracas and comes amid a broader revival of foreign investment in Venezuela's oil industry. Chevron separately announced plans to invest $7 billion over five years and more than double its Venezuelan production to 600,000 bpd by 2031.
Eni has major ambitions for Junín-5. The company originally envisioned developing the field to 240,000 bpd, although that target—initially planned for 2018—was never achieved. The Financial Times reported Wednesday that Eni plans to invest around $1.5 billion annually as it ramps up the project.
#billion #pdvsa #field
The agreement gives Eni responsibility for the technical, financial and commercial management of Junín-5, which contains an estimated 35 billion barrels of certified oil in place but currently produces just 12,000 barrels per day.
The deal marks a significant change from the previous Petrojunín joint-venture structure, under which PDVSA held 60% and Eni 40%. Venezuela's recently reformed hydrocarbons law allows foreign and domestic companies greater autonomy to operate fields, market production and receive proceeds from oil sales.
The signing took place during U.S. Energy Secretary Chris Wright's visit to Caracas and comes amid a broader revival of foreign investment in Venezuela's oil industry. Chevron separately announced plans to invest $7 billion over five years and more than double its Venezuelan production to 600,000 bpd by 2031.
Eni has major ambitions for Junín-5. The company originally envisioned developing the field to 240,000 bpd, although that target—initially planned for 2018—was never achieved. The Financial Times reported Wednesday that Eni plans to invest around $1.5 billion annually as it ramps up the project.
#billion #pdvsa #field
11 days ago
Chevron will invest more than $7 billion in Venezuela over the next five years and more than double its oil production in the country to about 600,000 barrels per day, Reuters reported Wednesday.
The investment follows new agreements with Venezuela that give Chevron improved fiscal, commercial and legal terms and additional acreage in the Orinoco Belt. Chevron said its three Venezuelan joint ventures will invest the money through 2031, with total production costs remaining below $20 per barrel.
Chevron currently produces about 290,000 bpd in Venezuela, all of which is exported to the United States, according to Reuters. Venezuela is producing about 1.1 million to 1.2 million bpd, down from more than 3 million bpd in the late 1990s.
The new acreage includes the Carabobo-1 and Carabobo-2-South-A areas in the Orinoco Belt, ******* igned to Petroindependencia, the joint venture in which Chevron holds a 49% interest. Chevron also increased its Petroindependencia stake to 49% in April and received rights to develop the Ayacucho 8 area next to its Petropiar venture. Its three Venezuelan joint ventures have increased production by 15% so far this year.
Wednesday's announcement puts a dollar figure and production target on the Chevron agreements that were nearing completion earlier this week. Those agreements were previously described only as being of "significant size," with Chevron seeking additional Orinoco Belt acreage.
#venezuela #joint #reuters
The investment follows new agreements with Venezuela that give Chevron improved fiscal, commercial and legal terms and additional acreage in the Orinoco Belt. Chevron said its three Venezuelan joint ventures will invest the money through 2031, with total production costs remaining below $20 per barrel.
Chevron currently produces about 290,000 bpd in Venezuela, all of which is exported to the United States, according to Reuters. Venezuela is producing about 1.1 million to 1.2 million bpd, down from more than 3 million bpd in the late 1990s.
The new acreage includes the Carabobo-1 and Carabobo-2-South-A areas in the Orinoco Belt, ******* igned to Petroindependencia, the joint venture in which Chevron holds a 49% interest. Chevron also increased its Petroindependencia stake to 49% in April and received rights to develop the Ayacucho 8 area next to its Petropiar venture. Its three Venezuelan joint ventures have increased production by 15% so far this year.
Wednesday's announcement puts a dollar figure and production target on the Chevron agreements that were nearing completion earlier this week. Those agreements were previously described only as being of "significant size," with Chevron seeking additional Orinoco Belt acreage.
#venezuela #joint #reuters
11 days ago
Cramer called CVX a steal above $200 after Chevron's downstream earnings surged from $737 million to $4.87 billion year over year.
Chevron's P/E of 34 runs richer than Exxon's 23, while ConocoPhillips offers more crude upside, up 49% year to date.
A 20-year Microsoft power deal and Hess synergies running 50% above target give Chevron cash flows insulated from crude swings.
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Jim Cramer opened Squawk on the Street on the first trading day of September with a market backdrop he described in blunt terms. Two ships had been fired on in the Strait of Hormuz, Treasury yields were pushing higher across the curve, and diesel prices were climbing amid a supply picture already strained by Ukrainian strikes on Russian refining capacity and U.S. refiners operating near full utilization. Cramer called the combination "unholy" and said the AI trade had gone nowhere for about a year. Then he offered a single actionable idea.
#above
Chevron's P/E of 34 runs richer than Exxon's 23, while ConocoPhillips offers more crude upside, up 49% year to date.
A 20-year Microsoft power deal and Hess synergies running 50% above target give Chevron cash flows insulated from crude swings.
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Jim Cramer opened Squawk on the Street on the first trading day of September with a market backdrop he described in blunt terms. Two ships had been fired on in the Strait of Hormuz, Treasury yields were pushing higher across the curve, and diesel prices were climbing amid a supply picture already strained by Ukrainian strikes on Russian refining capacity and U.S. refiners operating near full utilization. Cramer called the combination "unholy" and said the AI trade had gone nowhere for about a year. Then he offered a single actionable idea.
#above
12 days ago
Beaverton, Oregon-based NIKE, Inc. (NKE) designs, produces, markets, and sells athletic footwear, apparel, equipment, accessories, and services. Valued at $57.9 billion by market cap, the company offers products under the trademarks NIKE, Jumpman, Converse, All Star, Star Chevron, and Jack Purcell, along with operating digital platforms with fitness apps, wellness content, and retail services.
Companies worth $10 billion or more are generally described as "large-cap stocks," and NKE perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the footwear & accessories industry. NKE's strong brand and innovation drive its success. The iconic "Just Do It" logo and slogan resonate globally, fostering loyalty. The company invests heavily in demand creation and digital platforms to engage consumers and set trends.
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#fans #mark
Companies worth $10 billion or more are generally described as "large-cap stocks," and NKE perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the footwear & accessories industry. NKE's strong brand and innovation drive its success. The iconic "Just Do It" logo and slogan resonate globally, fostering loyalty. The company invests heavily in demand creation and digital platforms to engage consumers and set trends.
Dear Sandisk Stock Fans, Mark Your Calendars for August 31
Bill Gates Says 'We Need Time to Prepare' for an Economic Upheaval — Especially the $20-an-Hour Workers Being Replaced by $10-an-Hour Robots
Dear Palantir Stock Fans, Here's What Maven's Billion-Dollar ARR Means for PLTR
#fans #mark
12 days ago
Microsoft's next major AI constraint may be measured in turbines rather than processors. On June 22, Microsoft Corporation (NASDAQ:MSFT) entered a 20-year power purchase agreement with Energy Forge One LLC, a wholly owned subsidiary of Chevron Corporation (NYSE:CVX), for a planned West Texas data-center project. The Kilby development targets 2.67 gigawatts of generation, with initial power expected in 2028. Its scale suggests that securing dependable electricity is becoming as strategic to hyperscalers as securing accelerators.
Tupungato / Shutterstock.com
Microsoft Corporation (NASDAQ:MSFT) gets a dedicated path to capacity in a grid-constrained market. Natural gas can provide round-the-clock generation that complements intermittent renewables and supports the reliability AI clusters require. A two-decade contract can also give developers confidence to finance construction. The bull case is simple: Microsoft protects its cloud growth by solving power locally instead of waiting years for transmission expansion.
Chevron Corporation (NYSE:CVX) gains a new outlet for its gas and an opportunity to move downstream into integrated power. If Kilby works, Chevron can replicate a model that converts energy resources and project expertise into long-duration data-center cash flows. Yet the project has not reached a final investment decision. Construction, permitting, fuel costs, emissions rules, and customer requirements can all change the economics before power begins flowing.
Those uncertainties create bear cases for both companies. Microsoft is committing to an energy pathway as AI hardware and efficiency evolve rapidly, and a long contract can become less attractive if power markets change. Chevron and its partners must commit capital years before the **** et is operational while managing construction, fuel-cost and carbon-policy risks. Gas solves the reliability problem, but it may intensify political and regulatory scrutiny around AI's environmental footprint. The critical milestones are final investment approval, permitting, construction costs, and data showing that the first power date remains achievable. Until those arrive, the agreement secures intent rather than operating supply.
#power #data
Tupungato / Shutterstock.com
Microsoft Corporation (NASDAQ:MSFT) gets a dedicated path to capacity in a grid-constrained market. Natural gas can provide round-the-clock generation that complements intermittent renewables and supports the reliability AI clusters require. A two-decade contract can also give developers confidence to finance construction. The bull case is simple: Microsoft protects its cloud growth by solving power locally instead of waiting years for transmission expansion.
Chevron Corporation (NYSE:CVX) gains a new outlet for its gas and an opportunity to move downstream into integrated power. If Kilby works, Chevron can replicate a model that converts energy resources and project expertise into long-duration data-center cash flows. Yet the project has not reached a final investment decision. Construction, permitting, fuel costs, emissions rules, and customer requirements can all change the economics before power begins flowing.
Those uncertainties create bear cases for both companies. Microsoft is committing to an energy pathway as AI hardware and efficiency evolve rapidly, and a long contract can become less attractive if power markets change. Chevron and its partners must commit capital years before the **** et is operational while managing construction, fuel-cost and carbon-policy risks. Gas solves the reliability problem, but it may intensify political and regulatory scrutiny around AI's environmental footprint. The critical milestones are final investment approval, permitting, construction costs, and data showing that the first power date remains achievable. Until those arrive, the agreement secures intent rather than operating supply.
#power #data
12 days ago
By Marianna Parraga and Deisy Buitrago
HOUSTON/CARACAS, Aug 31 (Reuters) - U.S. companies Chevron and GE Vernova, India's ONGC, Italy's Eni and Colombia's GeoPark are on track to sign final agreements in Venezuela after months of negotiations to firm up energy projects in the OPEC country, five sources close to the preparations said.
Most of the pacts imply completion of a six-month migration of oil contracts to an amended hydrocarbon law now giving more flexibility to foreign firms to expand and operate oilfields, export the barrels and cash sale proceeds, the sources said. Others set terms for new energy and electricity projects.
The list of companies lining up to sign has not been finalized as executives are rushing to complete negotiations at the last minute, two of the sources said.
Chevron's agreements with Venezuela are expected to be "of significant size," according to one of the sources.
#venezuela #marianna
HOUSTON/CARACAS, Aug 31 (Reuters) - U.S. companies Chevron and GE Vernova, India's ONGC, Italy's Eni and Colombia's GeoPark are on track to sign final agreements in Venezuela after months of negotiations to firm up energy projects in the OPEC country, five sources close to the preparations said.
Most of the pacts imply completion of a six-month migration of oil contracts to an amended hydrocarbon law now giving more flexibility to foreign firms to expand and operate oilfields, export the barrels and cash sale proceeds, the sources said. Others set terms for new energy and electricity projects.
The list of companies lining up to sign has not been finalized as executives are rushing to complete negotiations at the last minute, two of the sources said.
Chevron's agreements with Venezuela are expected to be "of significant size," according to one of the sources.
#venezuela #marianna
12 days ago
Chevron Corporation (NYSE:CVX), GE Vernova Inc. (NYSE:GEV), India's ONGC, Italy's Eni and Colombia's GeoPark are reportedly close to signing final agreements for energy projects in Venezuela after months of negotiations. Most of the agreements would move existing oil contracts under Venezuela's amended hydrocarbons law, which gives foreign companies more flexibility to operate and expand fields, export crude and receive cash proceeds from sales. Some agreements would also cover new electricity and energy projects.
For Chevron Corporation (NYSE:CVX), the opportunity could be particularly significant. The company is seeking to add a block in Venezuela's Orinoco Belt, which could allow it to expand an existing joint venture with state-owned PDVSA. It is also pursuing an area in Monagas North that could provide diluents needed for its extra-heavy oil production. The Wall Street Journal previously reported that Chevron was close to securing rights to two additional heavy-oil fields.
The agreements would represent another step toward reopening Venezuela's energy sector to foreign investment, but the final list of companies and terms had not yet been finalized at the time of the Reuters report.
The biggest positive is greater access to Venezuela's enormous oil resources. The amended hydrocarbons framework could give foreign companies more control over their operations and improve their ability to monetize production. For Chevron Corporation (NYSE:CVX), additional acreage in the Orinoco Belt could provide a meaningful avenue to increase long-term Venezuelan production.
Chevron also has an advantage over companies entering Venezuela for the first time because it already operates joint ventures in the country. That existing infrastructure, relationships, and operational experience could allow it to capture opportunities more efficiently as the sector reopens. The Wall Street Journal has noted that Chevron is currently the only major U.S. oil company operating in Venezuela.
#agreements #Companies #energy
For Chevron Corporation (NYSE:CVX), the opportunity could be particularly significant. The company is seeking to add a block in Venezuela's Orinoco Belt, which could allow it to expand an existing joint venture with state-owned PDVSA. It is also pursuing an area in Monagas North that could provide diluents needed for its extra-heavy oil production. The Wall Street Journal previously reported that Chevron was close to securing rights to two additional heavy-oil fields.
The agreements would represent another step toward reopening Venezuela's energy sector to foreign investment, but the final list of companies and terms had not yet been finalized at the time of the Reuters report.
The biggest positive is greater access to Venezuela's enormous oil resources. The amended hydrocarbons framework could give foreign companies more control over their operations and improve their ability to monetize production. For Chevron Corporation (NYSE:CVX), additional acreage in the Orinoco Belt could provide a meaningful avenue to increase long-term Venezuelan production.
Chevron also has an advantage over companies entering Venezuela for the first time because it already operates joint ventures in the country. That existing infrastructure, relationships, and operational experience could allow it to capture opportunities more efficiently as the sector reopens. The Wall Street Journal has noted that Chevron is currently the only major U.S. oil company operating in Venezuela.
#agreements #Companies #energy
13 days ago
Good morning. Stocks slipped in early trading as investors saw an increased probability of a September rate hike and the US and Iran exchanged fire over the weekend, dampening sentiment near the end of an ebullient earnings season.
It's the final trading day of August, and the major indexes are on pace for solid monthly gains.
Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
Tech (XLK) stocks traded flat against a broadly down market on Monday, with software and semiconductor stocks edging higher. The Energy sector (XLE) was the real standout, however, as rising oil prices stemming from the rekindled Middle East conflict lifted shares of Chevron (CVX), Exxon (XOM), and other energy firms.
PG&E Corporation (PCG) stock dragged down Utilities (XLU) after new California legislation left a lot of uncertainty about utilities' exposure to wildfire liabilities.
#trading #september #august
It's the final trading day of August, and the major indexes are on pace for solid monthly gains.
Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
Tech (XLK) stocks traded flat against a broadly down market on Monday, with software and semiconductor stocks edging higher. The Energy sector (XLE) was the real standout, however, as rising oil prices stemming from the rekindled Middle East conflict lifted shares of Chevron (CVX), Exxon (XOM), and other energy firms.
PG&E Corporation (PCG) stock dragged down Utilities (XLU) after new California legislation left a lot of uncertainty about utilities' exposure to wildfire liabilities.
#trading #september #august
14 days ago
Houston, Texas-based Chevron Corporation (CVX) is one of the world's largest integrated energy companies, with operations spanning oil and natural gas exploration and production, refining, marketing, chemicals, and lower-carbon energy. Headquartered in Houston, Texas, Chevron operates across the U.S. and numerous international markets. The company has a market cap of $364.5 billion.
Companies with a market capitalization of $200 billion or more are typically referred to as "mega-cap stocks." CVX fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the integrated oil and gas industry. A major strength of Chevron is its vertically integrated and geographically diversified portfolio. The upstream business provides significant exposure to oil and gas prices, while refining, marketing and chemicals operations can provide earnings diversification when commodity prices or refining margins move in different directions.
Wu-Tang Clan Member Raekwon Is a Palantir 'OG,' Visiting Headquarters 16 Years After Receiving His Custom PLTR Jacket
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Tesla Just Killed Its Solar Roof After Years of Struggling to Scale. What It Means for TSLA Stock.
#market #texas #Stock
Companies with a market capitalization of $200 billion or more are typically referred to as "mega-cap stocks." CVX fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the integrated oil and gas industry. A major strength of Chevron is its vertically integrated and geographically diversified portfolio. The upstream business provides significant exposure to oil and gas prices, while refining, marketing and chemicals operations can provide earnings diversification when commodity prices or refining margins move in different directions.
Wu-Tang Clan Member Raekwon Is a Palantir 'OG,' Visiting Headquarters 16 Years After Receiving His Custom PLTR Jacket
Tesla Stock Could Benefit as Trump Locks Down the U.S. Power Grid
Tesla Just Killed Its Solar Roof After Years of Struggling to Scale. What It Means for TSLA Stock.
#market #texas #Stock
15 days ago
Trump's Venezuela deal grants U.S. companies majority control of 65 billion barrels, pushing total U.S.-accessible proven reserves to 7.1% of global supply.
Venezuela's extra-heavy crude demands specialized refining and major infrastructure repairs, meaning production gains will take years rather than months to reach consumers.
Chevron's existing Venezuelan joint ventures and strong free cash flow position it as the clearest near-term beneficiary of the new hydrocarbons framework.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Chevron didn't make the cut. Grab the names FREE today.
Oil markets have spent 2026 wrestling with supply disruptions, Strategic Petroleum Reserve drawdowns to multi-decade lows, and stubborn pump prices that refuse to cooperate with political calendars.
#NVIDIA #chevron #strategic #petroleum
Venezuela's extra-heavy crude demands specialized refining and major infrastructure repairs, meaning production gains will take years rather than months to reach consumers.
Chevron's existing Venezuelan joint ventures and strong free cash flow position it as the clearest near-term beneficiary of the new hydrocarbons framework.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Chevron didn't make the cut. Grab the names FREE today.
Oil markets have spent 2026 wrestling with supply disruptions, Strategic Petroleum Reserve drawdowns to multi-decade lows, and stubborn pump prices that refuse to cooperate with political calendars.
#NVIDIA #chevron #strategic #petroleum
15 days ago
For committed, patient long-term income investors, some of the best opportunities, in terms of both yield and payout growth, can be found in the energy patch.
The sector's status as a payout haven encompasses a broad range of names, from pipeline stocks to some of the world's largest oil companies. Many market participants opt for familiarity and reliability, which helps explain why ExxonMobil and Chevron are hits with dividend investors. The two largest U.S. domestic oil companies have dividend increase streaks of 43 and 39 years, respectively.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
To be sure, those are impressive runs, but barring any surprises, those companies are likely to continue raising their payouts at low-single-digit percentages. Income-hungry investors seeking rapid dividend growth should look to the midstream segment, home to Sunoco LP (NYSE: SUN). Indeed, this pipeline company has sunny dividend potential.
First, a housekeeping item. Sunoco LP is not the same as SunocoCorp LLC (NYSE: SUNC). However, the latter "owns a direct limited partner interest in Sunoco LP." Interestingly, Sunoco LP's general partner is owned by Energy Transfer, one of the most beloved large-cap names in the midstream income ******* e.
#Dividend #Companies #energy
The sector's status as a payout haven encompasses a broad range of names, from pipeline stocks to some of the world's largest oil companies. Many market participants opt for familiarity and reliability, which helps explain why ExxonMobil and Chevron are hits with dividend investors. The two largest U.S. domestic oil companies have dividend increase streaks of 43 and 39 years, respectively.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
To be sure, those are impressive runs, but barring any surprises, those companies are likely to continue raising their payouts at low-single-digit percentages. Income-hungry investors seeking rapid dividend growth should look to the midstream segment, home to Sunoco LP (NYSE: SUN). Indeed, this pipeline company has sunny dividend potential.
First, a housekeeping item. Sunoco LP is not the same as SunocoCorp LLC (NYSE: SUNC). However, the latter "owns a direct limited partner interest in Sunoco LP." Interestingly, Sunoco LP's general partner is owned by Energy Transfer, one of the most beloved large-cap names in the midstream income ******* e.
#Dividend #Companies #energy
16 days ago
Chevron Corporation (NYSE:CVX) and TotalEnergies SE (NYSE:TTE) are making major moves in Sub-Saharan Africa, underscored by Chevron's August 17 announcement of a significant oil and gas condensate discovery in offshore Angola's Block 0. The 105-4X exploration well in the Lower Congo Basin encountered over 600 meters of column with 90 meters of net pay in the primary Pinda reservoir. Operated by Chevron's subsidiary CABGOC (39.2% interest) alongside Sonangol E&P, Azule Energy, and TotalEnergies, the ****** et will likely be tied back to nearby existing infrastructure for low-cost production. The discovery highlights Chevron's broader Sub-Saharan push, which generates ~300k boed net and includes recent additions in Nigeria, Guinea-Bissau, Equatorial Guinea, and Angola's Blocks 49, 50, 33, and 14/23, alongside the upcoming Nabba-1X well in Namibia.
Photo from Fervo Energy website
Looking at Q2 2026 financial metrics, both energy giants posted robust results, but Chevron outperformed TotalEnergies across absolute top- and bottom-line figures as well as capital efficiency.
Chevron Corporation (NYSE:CVX) generated $70.1 billion in revenue and reported net income of $12.1 billion ($6.11 per share), with adjusted earnings hitting $12.0 billion. Driven by record production of 4.07 million boed (up 20% year-over-year) and strong refining throughput, Chevron produced an impressive $22.6 billion in operating cash flow and $18.1 billion in free cash flow, delivering a return on capital employed (ROCE) of 21.4%.
TotalEnergies SE (NYSE:TTE) also delivered solid top-line cash generation but came in lower in net profitability. Leveraging higher commodity prices during the Middle East conflict, TotalEnergies generated $9.8 billion in cash flow and $6.0 billion in adjusted net income for Q2 2026, with oil and gas production averaging 2.395 Mboe/d. Its Exploration & Production unit posted $3.2 billion in adjusted net operating income and $5.8 billion in cash flow, while Downstream contributed $2.9 billion in cash flow and Integrated Power generated $700 million. Both energy majors maintain strong, identical balance-sheet leverage, with each firm posting a net debt gearing ratio of 13.1% at the close of Q2. Overall, Chevron leads in total profitability, cash flow generation, and return on capital, making it the stronger financial performer this quarter.
#cash #TotalEnergies #flow #well
Photo from Fervo Energy website
Looking at Q2 2026 financial metrics, both energy giants posted robust results, but Chevron outperformed TotalEnergies across absolute top- and bottom-line figures as well as capital efficiency.
Chevron Corporation (NYSE:CVX) generated $70.1 billion in revenue and reported net income of $12.1 billion ($6.11 per share), with adjusted earnings hitting $12.0 billion. Driven by record production of 4.07 million boed (up 20% year-over-year) and strong refining throughput, Chevron produced an impressive $22.6 billion in operating cash flow and $18.1 billion in free cash flow, delivering a return on capital employed (ROCE) of 21.4%.
TotalEnergies SE (NYSE:TTE) also delivered solid top-line cash generation but came in lower in net profitability. Leveraging higher commodity prices during the Middle East conflict, TotalEnergies generated $9.8 billion in cash flow and $6.0 billion in adjusted net income for Q2 2026, with oil and gas production averaging 2.395 Mboe/d. Its Exploration & Production unit posted $3.2 billion in adjusted net operating income and $5.8 billion in cash flow, while Downstream contributed $2.9 billion in cash flow and Integrated Power generated $700 million. Both energy majors maintain strong, identical balance-sheet leverage, with each firm posting a net debt gearing ratio of 13.1% at the close of Q2. Overall, Chevron leads in total profitability, cash flow generation, and return on capital, making it the stronger financial performer this quarter.
#cash #TotalEnergies #flow #well
17 days ago
Three LPGA golfers have won consecutive tournaments in 2026. Might there be a fourth this week?
Miyu Yamashita of ******* an, who won last week's CPKC Women's Open in a rout by nine shots, shot 2-under 70 on Friday. She had it to 10 under and the solo lead at one point but a late bogey dropped her into a three-way tie for the lead at the FM Championship.
Yamashita has two wins this season and a third this week would put her alongside three golfers who have won back-to-back starts in 2026: Hyo Joo Kim (Fortinet and Ford in March), Nelly Korda (Chevron and Riviera Maya in April) and Haeran Ryu (KPMG Women's PGA and Amundi Evian) in late June/early July.
Yamashita started on the back nine and birdie Nos. 16 and 17. A bogey on No. 1 was followed by birdies at Nos. 2 and 6 before one more bogey at the eighth hole. A somewhat ho-hum round but she's co-leading alongside Kim, and Allisen Corpuz, who has yet to win in 2026. Two golfers tied for fourth, Morgane Metraux and Ruoning Yin, posted 7-under 65s. Suvichaya Vinijchaitham, tied for ninth, also shot 65, the best score of the day Friday.
Defending champ Lottie Woad is tied for 27th after a 73 on Friday.
#yamashita #bogey #back
Miyu Yamashita of ******* an, who won last week's CPKC Women's Open in a rout by nine shots, shot 2-under 70 on Friday. She had it to 10 under and the solo lead at one point but a late bogey dropped her into a three-way tie for the lead at the FM Championship.
Yamashita has two wins this season and a third this week would put her alongside three golfers who have won back-to-back starts in 2026: Hyo Joo Kim (Fortinet and Ford in March), Nelly Korda (Chevron and Riviera Maya in April) and Haeran Ryu (KPMG Women's PGA and Amundi Evian) in late June/early July.
Yamashita started on the back nine and birdie Nos. 16 and 17. A bogey on No. 1 was followed by birdies at Nos. 2 and 6 before one more bogey at the eighth hole. A somewhat ho-hum round but she's co-leading alongside Kim, and Allisen Corpuz, who has yet to win in 2026. Two golfers tied for fourth, Morgane Metraux and Ruoning Yin, posted 7-under 65s. Suvichaya Vinijchaitham, tied for ninth, also shot 65, the best score of the day Friday.
Defending champ Lottie Woad is tied for 27th after a 73 on Friday.
#yamashita #bogey #back
18 days ago
Altria (MO) and Chevron (CVX) anchor a three-stock dividend ladder that blends to a 4% yield and delivers a paycheck every month.
AbbVie's Skyrizi and Rinvoq each grew roughly 24% in Q2, fueling raised full-year EPS guidance and supporting a growing $1.73 quarterly dividend.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Building a monthly income stream from quarterly dividend payers requires just a little scheduling. Three blue chips, staggered on different quarterly calendars, can deliver a paycheck in every month of the year. Altria (NYSE:MO) pays in January, April, July, and October. AbbVie (NYSE:ABBV) pays in February, May, August, and November. Chevron (NYSE:CVX) pays in March, June, September, and December. Together, these three tickers cover all 12 months while offering attractive dividends along the way.
Here is what each leg of the ladder actually pays, how it has grown, and where the risks sit.
#pays #Dividend #chevron #paycheck
AbbVie's Skyrizi and Rinvoq each grew roughly 24% in Q2, fueling raised full-year EPS guidance and supporting a growing $1.73 quarterly dividend.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Building a monthly income stream from quarterly dividend payers requires just a little scheduling. Three blue chips, staggered on different quarterly calendars, can deliver a paycheck in every month of the year. Altria (NYSE:MO) pays in January, April, July, and October. AbbVie (NYSE:ABBV) pays in February, May, August, and November. Chevron (NYSE:CVX) pays in March, June, September, and December. Together, these three tickers cover all 12 months while offering attractive dividends along the way.
Here is what each leg of the ladder actually pays, how it has grown, and where the risks sit.
#pays #Dividend #chevron #paycheck
19 days ago
Norway's energy major Equinor hopes to make a "pretty big" oil discovery offshore Namibia, the global exploration hotspot it has just entered, a senior company official said on Tuesday.
Equinor hopes that the Petroleum Exploration License 90 (PEL 90) offshore Namibia could hold a big discovery similar to those TotalEnergies and Galp have made in recent years in the same Orange basin, Philippe Mathieu, Executive Vice President, Exploration & Production International, at Equinor, told reporters on the sidelines of an energy conference in Norway's city of Stavanger.
A week ago, the Norwegian oil and gas major entered the Namibian exploration rush by signing an agreement with Harmattan Energy Limited, a Chevron subsidiary in Namibia, to buy a 17.4% participating interest in Petroleum Exploration License 90 (PEL 90) in the Orange Basin offshore Namibia.
The deal with the U.S. supermajor marks Equinor's entry into Namibia, and the license provides access to a drill-ready prospect scheduled for testing in 2026, the Norwegian company said last week.
"This transaction aligns with our strategy to strengthen and replenish our international portfolio through focused and disciplined growth," Mathieu said last week.
#namibia #exploration #energy
Equinor hopes that the Petroleum Exploration License 90 (PEL 90) offshore Namibia could hold a big discovery similar to those TotalEnergies and Galp have made in recent years in the same Orange basin, Philippe Mathieu, Executive Vice President, Exploration & Production International, at Equinor, told reporters on the sidelines of an energy conference in Norway's city of Stavanger.
A week ago, the Norwegian oil and gas major entered the Namibian exploration rush by signing an agreement with Harmattan Energy Limited, a Chevron subsidiary in Namibia, to buy a 17.4% participating interest in Petroleum Exploration License 90 (PEL 90) in the Orange Basin offshore Namibia.
The deal with the U.S. supermajor marks Equinor's entry into Namibia, and the license provides access to a drill-ready prospect scheduled for testing in 2026, the Norwegian company said last week.
"This transaction aligns with our strategy to strengthen and replenish our international portfolio through focused and disciplined growth," Mathieu said last week.
#namibia #exploration #energy
19 days ago
More than half a year after the U.S. captured and extracted Nicolas Maduro from Venezuela, the biggest American oil firms haven't returned to operating oilfields in the world's largest oil reserves holder.
Chevron, which has operated in Venezuela throughout Maduro's reign, is extracting and exporting oil to the U.S., but neither ExxonMobil nor ConocoPhillips have returned as negotiations led by Venezuela's state oil firm PDVSA are not progressing as fast as the U.S. Administration probably thought in January when it extracted Maduro and hailed the big U.S. return to Venezuela's oil industry.
There have been some deals signed in recent months, with service providers and smaller American oil companies, which seem more willing to take the risks of operating in the country, which has yet to see a stable political and fiscal environment for large-scale operations.
Earlier this month, Venezuela signed deals with oilfield service major SLB and Hunt Oil Co. as part of efforts to boost investment in its key energy industry, the country's oil minister, Paula Henao, said.
Related: The 60 Day Peace Window Closed, and Trump's Iran Strategy May Shift Dramatically
#operating #service
Chevron, which has operated in Venezuela throughout Maduro's reign, is extracting and exporting oil to the U.S., but neither ExxonMobil nor ConocoPhillips have returned as negotiations led by Venezuela's state oil firm PDVSA are not progressing as fast as the U.S. Administration probably thought in January when it extracted Maduro and hailed the big U.S. return to Venezuela's oil industry.
There have been some deals signed in recent months, with service providers and smaller American oil companies, which seem more willing to take the risks of operating in the country, which has yet to see a stable political and fiscal environment for large-scale operations.
Earlier this month, Venezuela signed deals with oilfield service major SLB and Hunt Oil Co. as part of efforts to boost investment in its key energy industry, the country's oil minister, Paula Henao, said.
Related: The 60 Day Peace Window Closed, and Trump's Iran Strategy May Shift Dramatically
#operating #service
21 days ago
ExxonMobil (NYSE: XOM) recently warned Kazakhstan that the Central Asian nation's largest oil field, Tengiz, will hit its production peak next year. Worse yet, output from the field will begin to decline. Exxon estimates it will fall nearly 40% by 2035 to around 500,000 barrels per day (bpd). That also has implications for Chevron, as it helped develop the field through its 50% interest in the Tengizchevroil (TCO) partnership.
However, while Tengiz is about to plateau and decline, that's not a crisis for ExxonMobil. Here's why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Even though output at Tengiz is about to peak and start declining, Exxon has another opportunity in Kazakhstan: Kashagan. The giant offshore field in the Caspian Sea is operated by a partnership that includes Exxon, Shell, TotalEnergies, and others. Exxon sees the potential for an $80 billion joint investment to develop the western part of the field. This expansion could produce up to 600,000 bpd.
However, the field is part of a long-running dispute between Kazakhstan and the operating consortium. Kazakhstan levied a $5 billion environmental fine that the field's operator hasn't paid. Additionally, the government says the partners owe it $150 billion for lost revenue due to development delays, a claim currently before international arbitration. Exxon and its partners won't invest the capital needed to boost production in this field until they resolve the dispute with the government.
#billion
However, while Tengiz is about to plateau and decline, that's not a crisis for ExxonMobil. Here's why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Even though output at Tengiz is about to peak and start declining, Exxon has another opportunity in Kazakhstan: Kashagan. The giant offshore field in the Caspian Sea is operated by a partnership that includes Exxon, Shell, TotalEnergies, and others. Exxon sees the potential for an $80 billion joint investment to develop the western part of the field. This expansion could produce up to 600,000 bpd.
However, the field is part of a long-running dispute between Kazakhstan and the operating consortium. Kazakhstan levied a $5 billion environmental fine that the field's operator hasn't paid. Additionally, the government says the partners owe it $150 billion for lost revenue due to development delays, a claim currently before international arbitration. Exxon and its partners won't invest the capital needed to boost production in this field until they resolve the dispute with the government.
#billion
24 days ago
Chevron Corporation (NYSE:CVX) is one of the largest integrated energy companies in the world. The stock hit an all-time peak earlier this year and has surged by over 35% since the beginning of 2026, supported by high energy prices and strong earnings amid the disruptions in the Middle East.
After pulling back over the last few months, Chevron is now bouncing back, and the ****** ysts over at Morgan Stanley expect this rally to continue at full pace. On August 19, the ****** yst firm raised its price target on CVX from $210 to $218, while reaffirming an 'Overweight' rating on its shares. This is up almost 6% from the current levels and even above the stock's all-time high of just under $215 achieved earlier this year.
The bullish outlook comes as Morgan Stanley adjusted its price estimates and targets in the energy sector to reflect the latest 2026 outlooks and current strip prices. The firm believes that integrated energy companies, like Chevron, have not yet rallied as much with the soaring refining margins as the pure-play refiners.
Despite Chevron's impressive YTD performance, its gains pale in comparison with those of refiners like Valero Energy and Marathon Petroleum, whose stocks have each soared by over 100% since the beginning of 2026.
Photo by Luis Ramirez on Unsplash
#Companies #time
After pulling back over the last few months, Chevron is now bouncing back, and the ****** ysts over at Morgan Stanley expect this rally to continue at full pace. On August 19, the ****** yst firm raised its price target on CVX from $210 to $218, while reaffirming an 'Overweight' rating on its shares. This is up almost 6% from the current levels and even above the stock's all-time high of just under $215 achieved earlier this year.
The bullish outlook comes as Morgan Stanley adjusted its price estimates and targets in the energy sector to reflect the latest 2026 outlooks and current strip prices. The firm believes that integrated energy companies, like Chevron, have not yet rallied as much with the soaring refining margins as the pure-play refiners.
Despite Chevron's impressive YTD performance, its gains pale in comparison with those of refiners like Valero Energy and Marathon Petroleum, whose stocks have each soared by over 100% since the beginning of 2026.
Photo by Luis Ramirez on Unsplash
#Companies #time
25 days ago
Warren Buffett's Berkshire Hathaway has invested in plenty of dividend stocks over the years. Dividend stocks remain popular among investors as they allow you to create a passive income stream at a low cost.
"Dividend stocks deliver regular payments to investors and can be an essential part of portfolios," according to Charles Schwab's investing education team.
This is precisely what Chevron is doing for Berkshire Hathaway right now.
Between Chevron's rising payout and Berkshire's massive stake, the arrangement now sends more than half a billion dollars into Buffett's coffers every year.
Berkshire Hathaway owns 84,375,856 shares of Chevron. At Chevron's current annual dividend of $7.12 per share, the stake generates roughly $601 million in cash every year, paid out in quarterly installments.
#chevron #investors #warren
"Dividend stocks deliver regular payments to investors and can be an essential part of portfolios," according to Charles Schwab's investing education team.
This is precisely what Chevron is doing for Berkshire Hathaway right now.
Between Chevron's rising payout and Berkshire's massive stake, the arrangement now sends more than half a billion dollars into Buffett's coffers every year.
Berkshire Hathaway owns 84,375,856 shares of Chevron. At Chevron's current annual dividend of $7.12 per share, the stake generates roughly $601 million in cash every year, paid out in quarterly installments.
#chevron #investors #warren
27 days ago
The oil majors are soaring. ExxonMobil Holdings (NYSE: XOM) posted net income of $14.5 billion for the second quarter, more than double the $7.1 billion profit it had a year ago. Chevron's (NYSE: CVX) net income of $12 billion for the quarter was almost 400% higher than the year-ago quarter.
Chevron beat Wall Street's earnings estimates by $0.50 a share, at $6.06. Exxon, meanwhile, fell $0.08 short of estimates, posting adjusted earnings of $3.52 a share. The company said difficulties in its refining business were to blame.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Still, the increase in net income at the two oil behemoths is stunning. And both companies handily beat ****** ysts' revenue estimates. Of course, higher oil prices resulting from the war in the Persian Gulf and the closure of the Strait of Hormuz, through which about one-fifth of the world's oil flows, are a huge part of that.
And both companies seem to be firing on all cylinders. So, the question is, which one is the better investment right now? I like Chevron. Here's why.
#signal #income #billion #double
Chevron beat Wall Street's earnings estimates by $0.50 a share, at $6.06. Exxon, meanwhile, fell $0.08 short of estimates, posting adjusted earnings of $3.52 a share. The company said difficulties in its refining business were to blame.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Still, the increase in net income at the two oil behemoths is stunning. And both companies handily beat ****** ysts' revenue estimates. Of course, higher oil prices resulting from the war in the Persian Gulf and the closure of the Strait of Hormuz, through which about one-fifth of the world's oil flows, are a huge part of that.
And both companies seem to be firing on all cylinders. So, the question is, which one is the better investment right now? I like Chevron. Here's why.
#signal #income #billion #double
