Chevron Corporation (CVX) - A Great Option for Your Dividend Stock Portfolio

Chevron Corporation (NYSE:CVX) is included among the 15 Best Natural Gas and Oil Dividend Stock to Buy Now.

Chevron Corporation (NYSE:CVX) made headlines this year when it completed the acquisition of Hess, adding its coveted 30% stake in the Stabroek Block in offshore Guyana to the company’s portfolio. The integration of these low-breakeven, high-value assets is expected to contribute significant cash flow, leading Chevron to increase its 2026 additional free cash flow guidance to $12.5 billion.

Chevron Corporation (NYSE:CVX) returned over $5 billion to shareholders for the 13th consecutive quarter in Q2 2025. The company’s consistently strong financial performance has allowed it to increase its dividend payout for 38 consecutive years. Moreover, CVX has delivered peer-leading dividend growth over the past decade, putting it among the Best Oil and Gas Dividend Stocks to Buy Now.

With breakeven levels of as low as $30 per barrel, Chevron Corporation (NYSE:CVX) remains well-positioned to brave through cycles of high volatility. Moreover, the company is working aggressively to reduce costs, with a target of $2 billion – $3 billion in structural cost savings by the end of 2026.

Chevron Corporation (NYSE:CVX) manufactures and sells a range of high-quality refined products, including gasoline, diesel, marine and aviation fuels, premium base oil, finished lubricants, and fuel oil additives.

While we acknowledge the potential of CVX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.