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Chevron (CVX) Stock Looks Fairly Valued Following Its 123% Five Year Run
Simply Wall St.27d agoneutral
Chevron (CVX) Stock Looks Fairly Valued Following Its 123% Five Year Run

Chevron stock has delivered a strong 123.4% return over the past five years, yet current checks suggest it now looks closer to fairly valued than obviously cheap. The 123.4% five year return means long term holders have already seen a substantial payoff, which can limit how much of a discount new investors might reasonably expect today. Expectations around projects linked to higher oil prices and data center power demand can support the current share price. At the same time, geopolitical...

Once-Shunned Refiners Are Minting Money
The Wall Street Journal29d agoneutral
Once-Shunned Refiners Are Minting Money

​📈 Follow our live markets data and coverage. Investors hear a lot about the price of oil, despite the fact that they don’t buy, sell or consume it directly. The process of turning crude into the products actually used to keep the modern world moving is almost an afterthought.

Jim Cramer Makes Big Claims For Valero Energy Corporation (VLO)
Insider Monkey29d agoneutral
Jim Cramer Makes Big Claims For Valero Energy Corporation (VLO)

We recently published Jim Cramer Discussed These 22 Stocks Including A Hidden Oil & Energy Play. Valero Energy Corporation (NYSE:VLO) is one of the stocks discussed by Jim Cramer. Valero Energy Corporation (NYSE:VLO) is an oil and gas refining company. Its shares are up by 83% over the past year and by 69.8% year-to-date. Morgan […]

Ranger Energy Secures Chevron Contract for Three Additional ECHO Hybrid Rigs (RNGR)
InvestorsHub30d agoneutral
Ranger Energy Secures Chevron Contract for Three Additional ECHO Hybrid Rigs (RNGR)

Ranger Energy Services (NYSE:RNGR) has been awarded a new contract by Hess Corporation, a wholly owned subsidiary of Chevron Corporation (CVX), to supply three additional ECHO hybrid workover rigs for operations across the Lower 48 United States. The agreement expands Ranger’s next-generation rig fleet and strengthens its relationship with one of the country’s largest energy producers.

Odessa American, Texas30d agoneutral
Perryman says data centers can be beneficial with protections

With Microsoft and Chevron joining forces to build a self-powered $7-billion AI data center 20 miles south of Pecos and with other companies envisaging similar plans, Waco economist Ray Perryman says there are justifiable concerns about ensuring that data centers do not lead to problems with the electricity supply or transmission capacity, although many of those concerns are being addressed. ...

Chevron (CVX) Launches AI Data Center Power Venture And Extends Australia Gas Supply
Simply Wall St.30d agoneutral
Chevron (CVX) Launches AI Data Center Power Venture And Extends Australia Gas Supply

Chevron (NYSE:CVX) has launched a new business with GE Vernova and Microsoft to supply natural gas power to AI data centers. The company has also signed a five year extension to supply natural gas to Alinta Energy in Western Australia. Chevron is best known for its oil and gas production. This new move into powering AI data centers links its existing natural gas operations with a fast growing digital infrastructure sector. The partnership with GE Vernova and Microsoft positions Chevron...