These 4 Sectors Will Disappoint Investors this Earnings Season
ESTMZ - Tue Jul 12, 3:13PM CDT
After Alcoa’s report yesterday Q2 earnings season is officially underway. The first quarter was largely filled with disappointments, despite a majority of companies in the S&P 500 topping expectations. Growth came in negative for yet another...
FIT: 13.51 (-0.17), GPRO: 12.46 (+0.03), DAL: 40.21 (+2.09), FB: 117.93 (+0.06), XOM: 94.95 (+1.06), UAL: 46.16 (+3.75), LUV: 42.84 (+1.80), SPY: 214.95 (+1.55), SAVE: 48.93 (+1.97), JPM: 63.20 (+0.93), AAL: 34.66 (+3.50), GOOGL: 732.51 (+5.31), CVX: 106.78 (+1.39)
After Yesterday's Rally of 1.68% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Jul 12, 12:38PM CDT
Chevron (NYSE:CVX) traded in a range yesterday that spanned from a low of $106.18 to a high of $107.30. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $106.00 on volume of 3.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CVX: 106.78 (+1.39)
Top 7 Research Reports for July 12, 2016
Sheraz Mian - Zacks Investment Research - Tue Jul 12, 12:35PM CDT
Top 7 Research Reports for July 12, 2016
AA: 10.69 (+0.55), DUK: 84.44 (-1.57), DIS: 100.20 (+0.22), HP: 69.77 (+3.60), TMUS: 43.64 (-0.40), CVX: 106.78 (+1.39)
Oil & Gas Stock Roundup: Chevron OKs $37B Tengiz Expansion, National Oilwell Teams Up with GE
Nilanjan Choudhury - Zacks Investment Research - Tue Jul 12, 10:31AM CDT
Chevron (CVX)-led consortium approved a $37 billion expansion for the Tengiz oilfield, while National Oilwell Varco (NOV) collaborated with GE to offer FPSO solutions.
KMI: 19.81 (+0.59), NOV: 34.02 (+1.83), PBR: 8.08 (+0.31), PXD: 156.50 (+3.50), RIG: 12.84 (+1.06), XOM: 94.95 (+1.06), CVX: 106.78 (+1.39)
Stock Market News for July 11, 2016
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 9:10AM CDT
Benchmarks closed in the green on Friday following better-than-expected jobs report
MMM: 179.16 (+1.15), GE: 32.26 (+0.05), UTX: 104.50 (+0.54), FCX: 12.90 (+1.25), C: 43.44 (+1.15), XOM: 94.95 (+1.06), BAC: 13.54 (+0.33), WFC: 48.35 (+0.27), BA: 130.81 (-1.23), AA: 10.69 (+0.55), GS: 156.92 (+4.73), JPM: 63.20 (+0.93), CF: 26.03 (+1.36), COST: 166.28 (-0.44), DD: 65.94 (+1.70), CVX: 106.78 (+1.39), DOW: 50.95 (+1.10)
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, ConocoPhillips, Valero Energy and Phillips 66
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:30AM CDT
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, ConocoPhillips, Valero Energy and Phillips 66
PSX: 76.40 (+1.19), VLO: 49.25 (+0.76), COP: 43.80 (+1.35), XOM: 94.95 (+1.06), CVX: 106.78 (+1.39)
Oil Tumbles to 2-Month Low on Disappointing Inventory Draw
Nilanjan Choudhury - Zacks Investment Research - Fri Jul 08, 3:08PM CDT
A lower-than-expected decline in crude supplies led to the commodity's selloff.
PSX: 76.40 (+1.19), VLO: 49.25 (+0.76), COP: 43.80 (+1.35), XOM: 94.95 (+1.06), HFC: 23.32 (+0.19), CVX: 106.78 (+1.39)
Dow 30 Stock Roundup: Chevron, Exxon Mobil to Invest in Kazakh Oil Field, Disney to Buy Stake in MLB Advanced Media
Swarup Gupta - Zacks Investment Research - Fri Jul 08, 10:05AM CDT
The Dow inched marginally upward during a holiday shortened week.
MON: 102.33 (-0.25), JPM: 63.20 (+0.93), IBM: 157.04 (+1.71), MRK: 59.60 (+0.26), XOM: 94.95 (+1.06), DIS: 100.20 (+0.22), CVX: 106.78 (+1.39), MSFT: 53.21 (+0.62), CSCO: 29.61 (+0.18)
Top 6 Research Reports for July 7, 2016
Sheraz Mian - Zacks Investment Research - Thu Jul 07, 12:06PM CDT
Top 6 Research Reports for July 7, 2016
AVP: 4.11 (+0.13), MCK: 195.47 (+2.02), EXPE: 113.40 (+2.12), BP: 36.91 (+0.80), CVX: 106.78 (+1.39), VTR: 71.86 (-1.34)
Chevron, Exxon Mobil to Invest in Tengiz Expansion Project
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 8:52AM CDT
Leading U.S. oil behemoths Chevron Corporation (CVX) and Exxon Mobil Corporation (XOM), along with their partners, announced plans to invest around $36.8 billion to boost oil output in a Kazakhstan oil field.
BAK: 11.25 (+0.07), MDR: 5.13 (+0.23), XOM: 94.95 (+1.06), CVX: 106.78 (+1.39)
Petrobras (PBR) to Divest Nine Shallow Water Oil Fields
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 10:00AM CDT
Brazil's state-run energy giant Petroleo Brasileiro S.A. or Petrobras (PBR) is reportedly planning to divest nine shallow water oil fields in the northeastern states of Ceara and Sergipe.
PBR: 8.08 (+0.31), RDS.A: 55.81 (+0.93), BP: 36.91 (+0.80), CVX: 106.78 (+1.39)
Chevron Again Stalls Production at Gorgon LNG Development
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 8:52AM CDT
Chevron Corporation (CVX) declared the suspension of production from its Gorgon liquefied natural gas development following a gas leakage.
RDS.A: 55.81 (+0.93), XOM: 94.95 (+1.06), BP: 36.91 (+0.80), CVX: 106.78 (+1.39)
Next Support Level for Chevron (CVX) is $103.16
Comtex SmarTrend(R) - Tue Jul 05, 8:41AM CDT
Chevron (NYSE:CVX) has opened bearishly below the pivot of $104.27 today and has reached the first level of support at $103.65. Analysts will be watching for a cross of the next downside pivot targets of $103.16 and $102.05.
CVX: 106.78 (+1.39)
Chevron Approves Next Major Tengiz Expansion Project in Kazakhstan
BusinessWire - Tue Jul 05, 4:00AM CDT
Chevron Corporation (NYSE:CVX) today announced that its 50 percent owned affiliate, Tengizchevroil (TCO), will proceed with the development of its Future Growth and Wellhead Pressure Management Project (FGP-WPMP), which will increase crude oil production at the Tengiz oil field in Kazakhstan by about 260,000 barrels per day.
CVX: 106.78 (+1.39)
4 Oil Stocks That Are Back Near 52-Week Highs
Zacks Equity Research - Zacks Investment Research - Fri Jul 01, 8:35AM CDT
The current change in demand-supply dynamics put energy players on investors' radar after waiting long for a lift in the fortunes of the space.
CLR: 45.75 (+3.31), RICE: 22.70 (+0.17), CNQ: 31.74 (+1.26), CVX: 106.78 (+1.39)
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, ConocoPhillips, Valero Energy and HollyFrontier
Zacks Equity Research - Zacks Investment Research - Fri Jul 01, 8:30AM CDT
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, ConocoPhillips, Valero Energy and HollyFrontier
VLO: 49.25 (+0.76), COP: 43.80 (+1.35), XOM: 94.95 (+1.06), HFC: 23.32 (+0.19), CVX: 106.78 (+1.39)