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NYSE:CVX

Chevron Texaco (CVX)

173.85
+0.22 (0.13%)
as of Jun 18, 2026, 10:57:07 pm Market Open.
72 watching
0
PARTIAL SELL
They report Friday. They have given back many of their gains since last earnings. That said, health and oil are the best places this week. He believes CVX can deliver. That said, he sold some shares today because of today's rally. He still expects good numbers.
SELL
He sold it, but missed the high price. Policy remains very oil negative. If the US mid-terms see a shift in person, he may return to this.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Dec 21/21, Up 34.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CVX triggered its stop at $155. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 42%, when combined with previous buy recommendations.
COMMENT
It hasn't grown much. Canadian oil and gas companies are growing faster so are preferable.
BUY
Great balance sheet and cash flow. Great place to hide during volatility.
TOP PICK
It is a high quality company with an excellent balance sheet. It is a strong free cash generator with the ability to pay dividends. Also can maintain single digit growth starting next year. It is one of the largest producers in the Eastern Mediterranean basin and can increase natural gas production and distribution to Europe. Longer term oil prices should continue to rise since few companies are willing to increase their supply, thereby constraining overall supply. The risk to oil is recession if there is one. Buy 16, Hold 13, Sell 2.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Dec 21/21, Up 52.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CVX is progressing well. We now recommend trailing up the stop (from $138) to $155.
BUY
You need to own oil as crude oil is hammered as Russian oil is cut off spending. He doesn't believe the new lockdowns in China have a lasting effect (the lockdowns are temporary), unless there's a cut-off in Russian energy supplies. His favourite oil names are Chevron for their steady dividend, and Devon which returns a lot of cash flow to investors through a variable dividend instead of drilling recklessly.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Dec 21/21, Up 37.1%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with CVX is progressing well. We now recommend trailing up the stop (from $130) to $138.
TOP PICK
An integrated oil company and well positioned with exposure to refining and chemicals. These will give more consistent profitability and cash flow. No exposure to Russia. Good environmental and safety record. Has a strong balance sheet and consistently returns capital to shareholders. Good growth prospects over 10 years. Has restarted a project to build a gas pipeline to bring Israeli and potentially Egyptian gas to Europe. Could be part of the solution to Europe's reliance on Russia for gas supplies. Buy 10 Hold 11 Sell 2
BUY ON WEAKNESS
Oil will take a temporary pause. If oil falls below $95 it will take out a lot of sentiment from this sector. Chevron is a full quarter of the XLE. He'll add more energy in pullbacks, definitely Chevron which is the creme de la creme.
HOLD
A major holding for her. It's had a nice run. It's up 45% YTD and pays a 3.3% yield. It's a powerhouse, because they have steady production, lowering their capex and so have huge free cash flow. They've increased their share buybacks and dividends. She may shed her other oil names, but will keep this.
SELL ON STRENGTH
It's up 45% YTD, playing into the supply-demand story in oil and they've been disciplined with costs. He hasn't trimmed it yet, though he will in coming weeks with all this volatility. It has the best balance sheet in the sector. It's a market-weight hold for him. Still likes it.
BUY ON WEAKNESS
He's exited most of his oil stocks, but replaced them with option calls. He'd buy oil on dips. All energy (including uranium and gas) across the board will rise in the next 3-6 months, because of cutbacks and sanctions happening now.
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Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Dec 21/21, Up 58%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with CVX is progressing well. To remain disciplined, we now recommend trailing up the stop (from $115) to $130.
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