Chevron Corp.

New York symbol CVX, is the second-largest integrated oil company in the United States after ExxonMobil. Production accounts for about 80% of its earnings. The remaining 20% comes from refineries and retail gas stations.

A: Parkland Fuel Corp., $38.44, symbol PKI on Toronto (Shares outstanding: 133.0 million; Market cap: $5.0 billion, www.parkland.ca), operates gas stations, convenience stores and a fuel-distribution business, in Canada and the U.S.

Its retail-fuel and convenience store banners include Ultramar, Esso, Fas Gas, Chevron, Pioneer, and On the Run....
CHEVRON CORP. $110 (New York symbol CVX; Cyclical Growth Dividend Payer Portfolio, Resources sector; Shares outstanding: 1.9 billion; Market cap: $209.0 billion; Dividend yield: 4.1%; Dividend Sustainability Rating: Above Average; www.chevron.com) expects its average production will rise between 4% and 7% from 2018 to 2020....
CHEVRON CORP. $110 (New York symbol CVX; Conservative Growth Portfolio, Resources sector; Shares o/s: 1.9 billion; Market cap: $209.0 billion; Price-to-sales ratio: 1.5; Divd. yield: 4.1%; TSINetwork Rating: Average; www.chevron.com) continues to sell some of its less-important assets to focus on its main oil and gas operations.


As part of that plan, the company plans to sell its 40% stake in the Rosebank offshore oil discovery in the North Sea....
This month we look at an ETF that aims to track the newly reclassified S&P/MSCI “communication services” sector. The other seeks to find dividend-paying stocks that will thrive in a rising interest-rate environment.


COMMUNICATION SERVICES SELECT SECTOR SPDR ETF $46.30 (New York symbol XLC) tracks the newly reclassified “communication services” sector: In its three-month lifespan, the ETF has already attracted $2.6 billion in assets under management.


On September 28, 2018, index creators S&P and MSCI announced their new industry group reclassifications.


In short, the telecommunication services sector expands and is now called the communication services sector....
CHEVRON CORP. $125 (New York symbol CVX; Conservative Growth Portfolio, Resources sector; Shares o/s: 1.9 billion; Market cap: $237.5 billion; Price-to-sales ratio: 1.8; Divd. yield: 3.6%; TSINetwork Rating: Average; www.chevron.com) continues to sell some its less-important assets as part of a plan to focus on its main oil and gas operations.


The company is now close to selling its South African operations for $1 billion....
CHEVRON CORP. $125 (New York symbol CVX; Cyclical Growth Dividend Payer Portfolio, Resources sector; Shares o/s: 1.9 billion; Market cap: $237.5 billion; Divd. yield: 3.6%; Dividend Sustainability Rating: Above Average; www.chevron.com) is the second-largest integrated oil company in the U.S....

Higher commodity prices invariably spur producers to increase spending on new projects and to up their output. That frequently leads to the oversupply of the commodity and, eventually, lower prices.


The energy industry is no exception. Between 2002 and mid-2014, when oil prices were high, producers accelerated exploration and output....
A: Parkland Fuel Corp., $29.73, symbol PKI on Toronto (Shares outstanding: 131.5 million; Market cap: $3.9 billion, www.parkland.ca), operates gas stations, convenience stores and a fuel-distribution business, in Canada and the U.S.

Those retail fuel and convenience store banners include Ultramar, Esso, Fas Gas, Chevron, Pioneer, and On the Run....
U.S. oil production continues to rise, as new drilling techniques like fracking significantly cut costs. That helps protect the profitability of many oil fields, even if oil prices move down.

However, we feel oil prices will likely stay in a narrow range for the next year or so....