U.S. energy major Chevron Corporation (CVX) has stated that one of its three LNG trains at Australia’s Gorgon LNG Facility will remain offline for five weeks. The LNG train has been offline since Apr 30, 2024, owing to a mechanical fault in a turbine. Management has noted that they have begun working to repair the fault and the process may take several weeks.The Gorgon LNG project has a nameplate capacity of 15.6 million tonnes per annum. It is located on Barrow Island, offshore Western Australia. Exports f ...

The oil market continues to look for direction. After running up above $85 a barrel to start the year, West Texas Intermediate crude oil, the American standard, is back below $80 as tensions in the Middle East ease and on growing signs that the U.S. economy is slowing. At the same time, a warmer than expected winter in Europe and North America has led to a glut of natural gas, depressing prices for that energy product. But that could mean opportunity for investors looking for undervalued oil and gas stocks. ...

Three time-tested businesses have the necessary catalysts to blow past electric-vehicle (EV) maker Tesla by 2026.For more than a year, the iconic Dow Jones Industrial Average, broadly followed S&P 500, and growth-driven Nasdaq Composite have been enjoying a true "running of the bulls." While certain sectors and industries have taken turns contributing to the bull market, the "Magnificent Seven" have done most of the heavily lifting.The Magnificent Seven represent seven of the largest and most-influential co ...

Vivek VishwakarmaThe current market remains a ‘target rich’ environment for income investors, with many stocks yielding well above the key 3% psychological mark. While it’s tempting to pile money into Treasuries that now yield around 5%, one should question for how long that yield may last, considering that the weaker-than-expected April Jobs Report builds a case for rate cuts this year. As such, buying Treasuries carries reinvestment risk, in which interest income may not be deployed at similar yields ...

The Dow Jones Industrial Average is an index comprised of 30 blue-chip stocks that are meant to serve as a cross-section of the U.S. economy. Owing to its composition of established blue-chip names, the Dow tends to grow at a slower pace than either the benchmark S&P 500 index or the technology-laden Nasdaq index. Thanks to its slower growth, there are currently some pretty attractive undervalued Dow stocks available.So far in 2024, the Dow is up only 3% compared to a 9% increase in the S&P 500 and an 8% ri ...

When it comes to America’s oil use and production, one major producer signaled that market uncertainty can’t pump the pipeline brakes. "Markets are relatively balanced. Demand growth is strong. Last year was all-time record demand. We'll see demand grow again this year," Chevron CEO Mike Wirth said on "Mornings with Maria" Tuesday. "So, the end of the oil age is not yet upon us."Wirth spoke with host Maria Bartiromo at the 27th annual Milken Institute Global Conference, where he detailed expectations for po ...

1 Warren Buffett Stock With 13% Upside in 2024 MattGush / iStock Editorial via Getty Images With almost $200 billion in cash on its balance sheet, a fresh all-time high, Berkshire Hathaway (NYSE: BRK-B) has never looked better. But with shares trading in the stratosphere, investors looking to follow the billionaire’s strategy might like to get creative. One surefire way to do this is to identify select stocks in Buffett’s portfolio that are poised for gains and income. One Warren Buffett-owned stock with ...

Natural gas demand will likely outpace expectations as electricity consumption surges from artificial intelligence and data centers, Chevron CEO Mike Wirth told CNBC on Monday."It's a little hard to quantify right now because this is evolving so quickly on the AI side," Wirth told CNBC's Sara Eisen at the Milken Institute's Global Conference in Los Angeles. "But I think demand for natural gas is likely to be higher than what people have been estimating up until now."Wirth said the move to electrify the nati ...

With energy prices on the rise, here are three dividend stocks to consider in the energy sector, from high risk to low risk.There's one vital aspect of the energy sector that you can't ignore -- oil and natural gas prices are highly volatile. That means you have to go in with your eyes open to the risks, even when energy prices are strong. But income investors don't have to fret since there are multiple ways to collect dividends in the energy space and one will probably suit you regardless of your risk appe ...

上游业务 - 上游业务在2024年第一季度实现52亿美元的收益，略高于2023年同期，主要是由于美国销售量增加，部分抵消了天然气价格下降的影响[78] - 公司的收益主要取决于上游业务部门的盈利能力，影响上游业务部门运营结果的最重要因素是原油价格，这是由公司无法控制的全球市场决定的[82] - 2024年第一季度，Chevron的美国上游业务收入增加2.94亿美元，主要由于销售量增加[119] - 2024年第一季度，Chevron的国际上游业务收入减少2.16亿美元，主要由于天然气实现价格下降[122] 下游业务 - 下游业务在2024年第一季度实现7.83亿美元的收益，较2023年同期的18亿美元有所下降，主要是由于精炼产品销售利润率降低[79] - 2024年第一季度，Chevron的美国下游业务收入减少5.24亿美元，主要由于精炼产品销售利润率下降[125] - 2024年第一季度，Chevron的国际下游业务收入减少4.93亿美元，主要由于精炼产品销售利润率下降[127] 公司战略 - 公司的目标是在任何商业环境中安全地提供更高的回报、更低的碳排放和更优越的股东价值[81] - 公司将继续开发石油和天然气资源以满足客户和消费者对能源的需求，同时认为未来能源将更加低碳[87] - 公司支持《巴黎协定》全球应对气候变化的方法，并继续采取行动降低其运营的碳强度，同时满足能源需求[86] 财务状况 - Chevron公司2024年第一季度的净收入为55亿美元，相比于2023年第一季度的66亿美元有所下降[77] - 2024年第一季度，公司的折旧、减值和摊销费用增加至4,091百万美元，主要是由于PDC收购带来的生产量增加[131] - 2024年第一季度，公司的非收入税额增加至1,124百万美元，主要是由于物业税增加[131] - 2024年第一季度，公司的利息和债务费用相对去年基本持平，为118百万美元[131] 资金情况 - 2024年前三个月，公司的净现金流为68.28亿美元，较去年同期的72.05亿美元略有下降[138] - 2024年第一季度，公司向普通股股东支付了30亿美元的股息[138] - 2024年3月31日，雪佛龙公司的总债务和融资租赁负债为218亿美元，较2023年底的208亿美元有所增加[139] - 2024年3月31日，公司拥有81亿美元的364天承诺信贷额度，可用于将短期债务转为长期债务[141]