Chevron Corp
NYSE: CVX
$152.23
-$0.86 (-0.6%)
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CVX Articles
Intel, Chevron, Microsoft, and Exxon Mobil all posted solid gains to push the DJIA higher Friday.
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U.S. commercial crude oil stockpiles unexpectedly dropped last week, pushing the price of crude higher following the EIA inventory report.
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General Electric posted a small gain last week, but not one large enough to shake off its ranking as the worst performing stock among the Dow 30. Shares added less than 1% last week.
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The U.S. crude oil stockpile grew less than expected this week, but gasoline inventories rose more than expected and exports jumped by 500,000 barrels a day.
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The January 31 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.
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We screened our 24/7 Wall Street energy research universe and found four Buy-rated stocks offering investors outstanding entry points after the recent selling.
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General Electric held onto its ranking as the worst performing Dow stock for the year to date. Overall, though, it performed better than 20 other Dow stocks in the market's horrible week.
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The U.S. Energy Information Administration reported Wednesday that stockpiles of crude oil, gasoline, and distillates like diesel fuel and heating oil rose sharply last week.
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The top analyst upgrades, downgrades and other research calls from Tuesday include Chevron, Exxon Mobil, Micron Technology, Microsoft and Weatherford.
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Chevron, Exxon, 3M, and Johnson & Johnson led all 30 DJIA stocks on a second-consecutive unanimous tumble.
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24/7 Wall St. has seen both oil and gas giants trade lower again on Monday, and we have highlighted a mixed batch of analyst reports with the equivalent of Buy, Sell and Hold ratings.
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The top analyst upgrades, downgrades and other research calls from Monday include Amgen, Boeing, Chevron, Exxon Mobil, Foot Locker, Lowe's, Nokia, PayPal, Sprint and Wells Fargo.
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While GE did not drum up any particularly bad news last week, it remains the worst performing stock on the Dow. That led one analyst to predict the company would be dropped from the index.
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All 30 DJIA stocks closed lower Friday led by energy giants Exxon Mobil and Chevron along with Goldman Sachs and Apple.
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Chevron's Q4 earnings got a big lift from changes in the U.S. tax law. Without that, results would have been barely okay.
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