Several significant institutions are making strategic moves regarding the Chevron Corporation (NYSE:CVX). Notably, Deutsche Bank AG and Goldman Sachs Group Inc. have sold their shares, while others like Morgan Stanley and Invesco Ltd. are increasing their stake following Chevron's deal with Hess. The company's Q2 2025 earnings call unveiled a robust asset outlook, recording excellent results which have attracted significant investor attention. Continuing, Middleton & Co. Inc. MA, AlphaCore Capital LLC and Keeler Thomas Management LLC have trimmed their stock position in Chevron. Meanwhile, the company continues to expand its portfolio, notably venturing into Libya's oil and gas exploration and preparing to reactivate a supply agreement on Venezuelan oil. Despite some entities selling their shares, many advisors and companies are boosting their positions, such as Mizuho Securities USA LLC and Nicholas Hoffman & Company LLC. Chevron declared a $1.71 quarterly dividend, reinforcing its appeal to income investors. The corporation's strong Q2 results can be attributed to record production and a double in free cash flow.
Chevron Corporation CVX News Analytics from Tue, 10 Jun 2025 07:00:00 GMT to Sat, 09 Aug 2025 20:47:00 GMT - Rating 5 - Innovation 3 - Rumor -6
