Energy badly lagged this year, and I underestimated how severe the supply glut would be. I was early - but the long-term thesis remains firmly intact. Today's oil prices aren't sustainable. Low prices are forcing discipline, squeezing supply, and creating a rare setup where sentiment and fundamentals are deeply misaligned. With positioning extremely bearish and costs rising, I see energy settin...
Japan's top oil refiner Eneos is leading rival bidders for Chevron's stake in a Singapore refinery, with a deal nearing completion, though potential delays remain, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Despite major technological advances, oil and natural gas are vital to the modern world. Chevron offers a 4.6% yield and a 38-year history of consecutive dividend increases.
Invest in stocks with good fundamentals, solid growth prospects, and steady dividends. These blue chip stocks have strong businesses that generate consistently strong results.
Chevron can produce a growing stream of free cash flow if crude prices remain in the $60s through 2030. It can fund its capital program and dividend payment even if they fall below $50 a barrel.
The Vanguard High Dividend ETF holds over 500 high-yielding dividend stocks. It includes several top energy dividend stocks, such as ExxonMobil and Chevron.
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