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 CORP. $104 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: $197.6 billion; Dividend yield: 5.2%; Dividend Sustainability Rating: Above Average; www.chevron.com) will raise its quarterly dividend by 3.9% with the June 2021 payment....
Prices for commodities such as crude oil and copper have jumped as the global economy rebounds from last year’s pandemic lockdowns. We feel one of the best way for investors to gain exposure to the Resources sector, and earn steady income, is with global giants Chevron and BHP.
CHEVRON CORP....
CHEVRON CORP....
Commodity production is capital intensive with long development times. Producers face considerable costs to establish or replace mines, oilfields, and so on, or build processing, storage and transportation facilities. This means that the selling prices of their products can vary significantly from the time of their initial investment decisions....
CHEVRON CORP. $103 remains a buy. The company (New York symbol CVX; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.9 billion; Market cap: $195.7 billion; Price-to-sales ratio: 2.1; Dividend yield: 5.0%; TSINetwork Rating: Average; www.chevron.com) has completed its purchase of Noble Energy Inc....
B&G FOODS INC. $29 is a hold. The company (New York symbol BGS; Consumer sector; Shares outstanding: 64.3 million; Market cap: $1.9 billion; Dividend yield: 6.5%; Takeover Target Rating: Highest; www.bgfoods.com) makes prepackaged food and household products in the U.S....
CHEVRON CORP. $90 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: $171.0 billion; Dividend yield: 5.2%; Dividend Sustainability Rating: Above Average; www.chevron.com) last raised its quarterly dividend for investors with the March 2020 payment by 8.4%, to $1.29 a share from $1.19....
The COVID-19 pandemic, and fears surrounding a second wave this fall, continue to weigh on crude prices. Still, we feel most investors should maintain some exposure to the Resources sector—including oil—as part of a well-balanced portfolio. To cut your risk, stick with top firms like Suncor and Chevron, which have the financial strength to keep paying you dividends.
SUNCOR ENERGY INC....
SUNCOR ENERGY INC....
CHEVRON CORP. $72 remains a buy. The company (New York symbol CVX; Conservative Growth Portfolio, Resources sector; Shares o/s: 1.9 billion; Market cap: $136.8 billion; Price-to-sales ratio: 1.2; Dividend yield: 7.2%; TSINetwork Rating: Average; www.chevron.com) is the second-largest integrated oil producer in the U.S....
When it comes to oil stocks, we recommend dividend investors stick with integrated producers such as Imperial Oil and Chevron. That’s because low oil prices lift profits at their refineries. The support that offers integrated firms makes their dividends more stable than those of pure-play oil producers.
IMPERIAL OIL LTD....
IMPERIAL OIL LTD....
Despite the double shock of COVID-19 and the Saudi Arabia-Russia oil price war, investors should keep some exposure to the oil industry. Still, we prefer integrated firms like Chevron over riskier producers like Apache.
CHEVRON CORP. $94 remains a buy for the Resources sector of your portfolio. The company (New York symbol CVX; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.9 billion; Market cap: $178.6 billion; Price-to-sales ratio: 1.3; Dividend yield: 5.5%; TSINetwork Rating: Average; www.chevron.com) is the second-largest integrated oil producer in the U.S....
CHEVRON CORP. $94 remains a buy for the Resources sector of your portfolio. The company (New York symbol CVX; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.9 billion; Market cap: $178.6 billion; Price-to-sales ratio: 1.3; Dividend yield: 5.5%; TSINetwork Rating: Average; www.chevron.com) is the second-largest integrated oil producer in the U.S....