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.

Chevron and APA have surged to record highs in 2022 thanks to rising crude oil prices. Both are using their extra cash flow to raise their dividends and buy back shares. However, Chevron is the better choice as its refineries will benefit when oil prices eventually weaken.


CHEVRON CORP....
A: We still feel that investors will profit the most with a well-balanced portfolio of high-quality individual stocks, but ETFs can also play a role in a portfolio. Here’s a look at the ETFs you’ve asked about:

Energy Select Sector SPDR ETF, $77.14, symbol XLE on New York (Units outstanding: 477.3 million; Market cap: $36.8 billion; www.ssga.com), provides exposure to companies in the oil, gas and consumable fuel, energy equipment and services industries.

The fund’s MER is just 0.10%....
ABBVIE INC., $149.06, New York symbol ABBV, is a top pick for 2022.

The company makes biopharmaceuticals, with leading positions in immunology, oncology, aesthetics, neuroscience and eye care.

AbbVie took its current form on January 3, 2013, when Abbott Laboratories (New York symbol ABT) split into two publicly traded firms.

The company has raised its dividend each year since 2013....
RAYTHEON TECHNOLOGIES CORP., $99.59, New York symbol RTX, is a buy for long-term gains.

The company took its current form on April 3, 2020, with the merger of United Technologies Corp. (old symbol UTX) and Raytheon Co. (old symbol RTN). It’s now a leading maker of commercial aircraft equipment, electronic systems for military aircraft and radar systems, and guided missiles.

The stock hit a new all-time high of $104.34 this week in response to Russia’s invasion of Ukraine....
Oil prices continue to strengthen as COVID-19 travel and other restrictions ease. Despite new government regulations to limit carbon emissions, crude prices will remain elevated as producers like Chevron focus on improving their efficiency instead of increasing production....
The dividends from producers of commodities tend to vary with the price of those underlying commodities. The best picks for income-seeking investors are those with the scale to absorb short-term commodity price declines without cutting your dividend. Those income picks include Chevron and Nutrien.


CHEVRON CORP....
CANADIAN NATIONAL RAILWAY CO., $156.04, Toronto symbol CNR, is a buy.

CN operates Canada’s largest railway. Its 32,200-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.

The company is rewarding investors with a 19.1% dividend increase....
Despite the severe drop in oil prices in 2020 due to COVID-19 shutdowns, Imperial Oil and Chevron maintained, rather than cut, their dividends. Now crude prices have recovered, and will likely remain elevated for the next few months as producers focus on improving their efficiency instead of expanding production....
A: Enterprise Products Partners L.P., $22.01, symbol EPD on New York (Shares outstanding: 2.2 billion; Market cap: $48.0 billion; www.enterprisepartners.com), is a master limited partnership that provides energy infrastructure, including pipelines, storage, natural gas processing, fractionation, and import/export terminals....
CHEVRON CORP. $99 remains a buy. The leading integrated oil and gas producer (New York symbol CVX; Cyclical-Growth Dividend Payer Portfolio, Resources sector; Shares outstanding: 1.9 billion; Market cap: $188.1 billion; Dividend yield: 5.4%; Dividend Sustainability Rating: Above Average; www.chevron.com) last raised its quarterly dividend by 3.9% with the June 2021 payment....