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New: Introducing “Why Is It Moving?” - lightning-fast, AI-driven explanations of stock moves
Chevron Corporation (NYSE:CVX) is included among the Top 15 Growth Stocks for Long-Term Investors.
Chevron Corporation (NYSE:CVX) operates as an integrated energy company, meaning it’s involved in every major stage of the oil and gas value chain. Its upstream operations focus on producing oil and natural gas, the midstream segment handles transportation, and the downstream division refines these resources into end products like gasoline and chemicals. Each part of the business performs differently depending on the phase of the energy cycle.
Chevron Corporation (NYSE:CVX) has developed one of the most durable portfolios in the energy sector, with production costs among the lowest in the industry— around $30 per barrel this year. This cost efficiency allows the company to maintain healthy cash flows even when oil prices are subdued. Recently completed expansion projects, ongoing cost-cutting efforts, and the Hess merger are expected to add up to $12.5 billion in annual free cash flow starting next year. The Hess acquisition has also strengthened Chevron’s long-term outlook, extending its production and cash flow growth well into the 2030s.
At the same time, Chevron Corporation (NYSE:CVX) is making headway in low-carbon energy ventures, including its recent move into the lithium business, which is expected to further support the company’s already rising dividend profile. CVX has been rewarding investors with growing dividends for the past 38 consecutive years. It currently offers a quarterly dividend of $1.71 per share for a dividend yield of 4.59%, as of October 12.
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.
READ NEXT: 12 Most Promising Dividend Stocks According to Wall Street Analysts and 14 Best Food Dividend Stocks To Buy According to Analysts.
Disclosure: None.
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