nysecvx
Dear fellow investors, Watching Warren Buffett and Charlie Munger Saturday in Omaha caused us to think about a very popular 1960s TV show called, “The Dating Game.” Hosted by Jim Lange, the game was played with the host on one side of a wall with a male or female contestant. On the other side were three people of the opposite sex and they were attempting to answer questions and get a date. The political pressure against oil drilling and exploration makes “dating” look very attractive to us in the oil industry! Warren Buffett made clear he’s not going to buy Occidental Petroleum (NYSE:OXY), but...
ValueWalk
Audit developed in response to a shareholder proposal fails to address key concerns on environmental racism and discrimination. Activists Announce Their Dissatisfaction Of Chevron’s Racial Equity AuditNEW YORK, NY, MONDAY, MAY 8, 2023 – Faith-based investor members of the Interfaith Center on Corporate Responsibility and shareholders of Chevron (NYSE:CVX) today announced their dissatisfaction with a Racial Equity Audit (REA) the company developed in response to a 2022 shareholder proposal they submitted which received 48% support. The proposal further requested that impacted workers, community...
ValueWalk
A $75 billion share buyback program triples Chevron’s budget for share buybacks.The pre-earnings announcement also includes a 6% increase to the company’s quarterly dividend.The news is being criticized by the Biden administration despite the company increasing capital and exploratory (C&E) expenditures.Analysts’ opinions about CVX stock are likely to hinge on the company’s forecast for oil prices.5 stocks we like better than ChevronQ4 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorFinding a qualified financial advisor doesn't have to be hard. SmartAsset's free...
ValueWalk
Exxon Mobil shares regained their 50-day moving average on January 10, and are now 2.4% below their November high of $114.66.It expects full-year earnings to come in between $21 billion and $24 billion. Wall Street is eyeing earnings of $13.91 per share for 2022, which it reports on January 31.The company recently said it intends to double its earnings and free cash flow growth by 2027.Analysts expect an increase in the need for oil, due to China’s reopening and high demand for air travel.5 stocks we like better than Exxon MobilExxon Mobil Corporation (NYSE:XOM) is within striking range of cle...
ValueWalk
Dividend stocks are a staple of income investing, but they can benefit almost any stock portfolio.Dividends accounted for 40% of the stock market’s returns since the 1930s, and that figure rose higher during periods of high inflation.Here are some quality companies that pay good dividends to consider adding to your portfolio.5 stocks we like better than ChevronLike many investors, this year I’m ramping up how much I choose to invest each month, despite things looking more than a little scary on the stock market technicals. Q4 2022 hedge fund letters, conferences and more Find A Qualified Finan...
ValueWalk
Rising oil prices are contributing to another strong quarter of near-record profits for Chevron.The company is increasing production.Dividend investors have a couple of weeks to capture the company’s robust dividend.With the price of crude oil down and CVX stock near an all-time high, traders may want to wait for a better price.Chevron (NYSE:CVX) is up about 1.5% on the day that the company reported another strong quarter. The oil company delivered earnings per share of $5.56. This beat expectations by 34 cents and was just a little lower than the record of $5.82 EPS the company posted in the ...
ValueWalk
Dear fellow investors, Q2 2022 hedge fund letters, conferences and more So far, it was effectively used by President Biden to calm oil prices down when they hit $120 per barrel. The Reserve currently holds around 500 million barrels of oil, down from the normal 700 million barrels. President Biden’s action has backed off prices at the pump, but at some point, those reserves will need to be replaced. Investors know that it will be replaced and oil producers in the U.S. wisely bought oil from the Reserve and refined it. Therefore, they did what any wise business would do, keep their own oil prod...
ValueWalk
Dear fellow investors, *To be, or not to be: that is the question:* *Whether ’tis nobler in the mind to suffer* *The slings and arrows of outrageous fortune,* *Or to take arms against a sea of troubles* – William Shakespeare We believe one of the hardest things to do in common stock investing is to hold winners for a long time. This is especially true with what are normally cyclical industries. In our view, we are suffering through the “slings and arrows” of a major price correction in the secular oil bull market that started in the spring of 2020. Is this the end of oil driving the inflation ...
ValueWalk
In hisDaily Market Notes report to investors, Louis Navellier wrote: Black Swan ImminentStocks consolidate yesterday’s big gains, energy weaker, as earnings season winds down. Stocks rallied across the board yesterday, propelled by the continued overall positive earnings results and a relief rally that nothing happened when Pelosi visited Taiwan. The global pullback, particularly in the sovereign debt markets, was a preview of the chaos that would ensue if China ever did try to annex Taiwan like Russia is doing with Ukraine, a Black Swan event that doomsdayers see as only a question of when. F...
ValueWalk
Despite support for ESG proposals declining this season, companies are making “significant progress” in advancing their ESG reporting, according to BlackRock’s proxy season review. Progress In ESG ReportingQ2 2022 hedge fund letters, conferences and more Issuers "demonstrated marked progress in climate disclosures and targets during the last two years," resulting in the fund manager opposing just 176 directors due to sustainability concerns globally, compared to 254 the previous season, it said. After citing pay for performance misalignment being a major concern last season, BlackRock noted th...
ValueWalk
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら