Chevron Corp (CVX): Today's Featured Energy Winner
(
) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 0.9%. By the end of trading, Chevron rose $1.43 (1.2%) to $120.51 on light volume. Throughout the day, 4,356,943 shares of Chevron exchanged hands as compared to its average daily volume of 6,469,100 shares. The stock ranged in a price between $119.10-$120.86 after having opened the day at $119.69 as compared to the previous trading day's close of $119.08. Other companies within the Energy industry that increased today were:
Andatee China Marine Fuel Services Corporat
(
), up 13.5%,
(
), up 12.7%,
(
), up 8.1% and
(
), up 7.3%.
Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments, Upstream and Downstream. Chevron has a market cap of $231.0 billion and is part of the basic materials sector. Shares are up 10.2% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Chevron a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Chevron
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Chevron Ratings Report.
On the negative front,
(
), down 8.9%,
Petroleo Brasileiro SA Petrobras
(
), down 6.1%,
(
), down 6.1% and
(
), down 6.0% , were all laggards within the energy industry with
(
) being today's energy industry laggard.
- Use our energy section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider
(
) while those bearish on the energy industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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