CVX
Chevron Corporation (NYSE: CVX) rose after oil prices rose from a six-week low amid uncertainty over the...
Article Summary
SELL- Chevron Corporation (NYSE: CVX) rose after oil prices rose from a six-week low amid uncertainty over the outlook for a peace deal to end the war in Iran, with Brent crude advancing toward $93 a barrel after closing at its lowest since mid-April on Friday.
- The US and Iran traded messages over the weekend seeking changes to a draft agreement that would extend a ceasefire and open the Strait of Hormuz, but it was unclear if the sides were making much progress.
- The standoff follows a bout of optimism that some form of peace agreement would be reached that had caused the first monthly drop in crude prices this year, though Brent is still up more than a quarter since the war started at the end of February as the near-total closure of the vital waterway causes unprecedented turmoil in oil markets.
- Analysts expect prices to continue moving through a statement cycle with prices swinging between optimism and caution as new headlines emerge, with neither Iran nor the US capitulating on their red lines for an agreement.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -2.2% | 25% | 0.0 ptsDeclining (-2.2%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 19.3% | 25% | 50.0 ptsMeets Minimum (19.3%) - Passes screener |
| Target Price Upside ? | 18.1% | 20% | 60.0 ptsModerate Upside (18.1%) - Target: $215.41 vs Current: $182.46 |
| Gross Margin % ? | 15.2% | 15% | 20.0 ptsThin (15.2%) - Low-margin business |
| Drawdown from 52-Wk High ? | -15.0% | 15% | 40.0 ptsMild Pullback (-15.0%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About CVX
- Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally.
- It operates through Upstream, Downstream, and All Other segments.
- The Upstream segment engages in the exploration for, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; carbon capture and storage; and operation of a gas-to-liquids plant.
- Its Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels; transports crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufactures and markets commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives.
- The All Other segment engages in cash management and debt financing; insurance; real estate; and technology activities.
- It has operations in North America, South America, Europe, Africa, Asia, and Australia.
- The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in May 2005.
- Chevron Corporation was founded in 1879 and is headquartered in Houston, Texas.