CVX
Sintana Energy: Uruguay well on track, Argentina block bid advances
Article Summary
HOLD- Sintana Energy Inc. (TSX-V: SEI, OTCQB: SEUSF, FRA:3ZX1, AIM:SEI) held a conference call with Proactive discussing developments in its Latin American offshore portfolio, including an extended exploration timetable for its Uruguay AREA OFF-1 block, where Chevron split its 3D seismic programme into two seasons, with a well decision still expected around September 2025 and drilling targeted for 2028.
- Chevron also reported strong farm-out momentum at AREA Off-3, Sintana's 100%-held second Uruguay block, with QatarEnergy and Chevron active on adjacent acreage, and a farm out expected to close by year-end, with Namibia and Angola also in the mix.
- The firm has spent more than 18 months pursuing a private initiative to secure a CAN-200 offshore licence in Argentina, with the government decree opening the block to international tender, and holds a preferred position giving it the right to match any competing bid.
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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 ? | 19.6% | 25% | 50.0 ptsMeets Minimum (19.6%) - Passes screener |
| Target Price Upside ? | 9.3% | 20% | 35.0 ptsBelow Screener (9.3%) - Target: $213.88 vs Current: $195.60 |
| Gross Margin % ? | 15.2% | 15% | 20.0 ptsThin (15.2%) - Low-margin business |
| Drawdown from 52-Wk High ? | -8.9% | 15% | 20.0 ptsBarely a Dip (-8.9%) - Near recent highs |
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.