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💬 Money Quote: Chevron’s Expectations for Iraq
The Wall Street Journal19d agoneutral
💬 Money Quote: Chevron’s Expectations for Iraq

📣 “The way that we see the long-term in Iraq is you are going to see that the Henry Hub and the Cushing of the U.S., for the Middle East will be in Iraq.” —Jake Spiering, Chevron’s incoming president for business development, on the oil major’s bet that Iraq will develop as the most important regional hub for physical oil-and-gas trading.

Bloomberg19d agoneutral
ConocoPhillips Joins US Firms Vowing $60 Billion for Iraqi Deals

(Bloomberg) -- ConocoPhillips joined dozens of US firms from the energy, healthcare, finance and tech sectors in signing some $60 billion in deals to lift the Iraqi economy.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model, Fueling Tech RoutThailand Scraps Plan to End Visa-Free Entry for Indian TouristsT

Chevron makes critical move to sidestep Iran oil risk
TheStreet19d agoneutral
Chevron makes critical move to sidestep Iran oil risk

I have been following the Strait of Hormuz crisis since February 28, when the conflict first began rerouting the global oil trade in ways most investors underestimated. It's been 139 days. I covered Chevron CEO Mike Wirth's warning in May, when he said oil price pressure was building and buffers ...

Chevron (CVX) Stock Looks Fairly Valued Following Its 123% Five Year Run
Simply Wall St.20d 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 Journal21d 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 Monkey22d 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 […]