Top 10 Blue Chip Stocks To Watch For 2015: Chevron Corporation(CVX)
Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The Upstream segment involves in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as holds interest in a gas-to-liquids project. The Downstream segment engages in the refining of crude oil into petroleum products; marketing of crude oil and refined products primarily under the Chevron, Texaco, and Caltex brand names; transportation of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacture and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It a lso produces and markets coal and molybdenum; and holds interests in 13 power assets with a total operating capacity of approximately 3,100 megawatts, as well as involves in cash management and debt financing activities, insurance operations, real estate activities, energy services, and alternative fuels and technology business. Chevron Corporation has a joint venture agreement with China National Petroleum Corporation. The company was formerly known as ChevronTexaco Corp. and changed its name to Chevron Corporation in May 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.
Advisors' Opinion:- [By Matt Thalman]
So what happened? The problem was that some of the Dow's most heavily weighted stocks were the big decliners, while some of the more lightly weighted ones were the top winners. Chevron (NYSE: CVX ) , ExxonMobil (NYSE: XOM ) , and Verizon, the Dow's biggest l! osers last week, fell by a respective 2.04%, 2.99%, and 1.5% -- and combined, those stocks carry 13.1% of the Dow's total weight.
- [By David Smith]
A Foolish takeaway
On Friday, also in part due to lower crude prices, Chevron (NYSE: CVX ) , which has been considered more compelling than Exxon in many quarters, saw its net income for the quarter dip by 4.5%. Nevertheless, given the continuously expanding world in which they operate, I'm inclined to watch the big integrated companies carefully. ExxonMobil should hardly be shunted aside. - [By Matt DiLallo]
Compelling dividend
Not only does ConocoPhillips offer steady growth, but the company pays a very generous dividend on its stock that's currently just below 4.4%. For perspective, it's a lot higher than Chevron's (NYSE: CVX ) 3% dividend. While Chevron is in the midst of a major production growth phase, both companies are likely to grow projection by 5%. That means, all things being equal, ConocoPhillips has the potential to outperform thanks to that higher dividend.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-blue-chip-stocks-to-watch-for-2015.html
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