Jim Cramer promotes Chevron Corporation's (CVX) 4.8% yield and declares it an enticing pick for oil investors. Despite significant amounts of the stock being sold by management companies such as Lazard Asset and Silvercrest Asset, Chevron has attracted attention from short sellers and many well-known hedge funds, potentially making it one of the most crowded stocks. One such advocate is billionaire Warren Buffett who sees Chevron as a top investment. However, several financial institutions like HSBC and Piper Sandler have decreased their assessment of Chevron's stock due to potential monetary flow pressures, despite Argus highlighting the lagging stock performance as a buying opportunity. This comes as Chevron retains interest in Phillips 66's CP Chem stake, while concerns continue about the effects of Trump tariffs and OPEC+ production on slowing share buybacks. Consequently, discussions revolve around Chevron's forthcoming Q1 results presentation, and how the stock will react, specifically in light of its potential as a leading geothermal stock. Disclosure of Chevron's SEC 10-Q report and pre-market fall of oil prices due to Trump's commentary on the US-Iran Nuclear Deal further shape discussions around its future developments.
Chevron Corporation CVX News Analytics from Fri, 07 Mar 2025 08:00:00 GMT to Sat, 17 May 2025 18:50:30 GMT -
Rating -1
- Innovation -3
- Information 2
- Rumor -2
