The

Dow Jones Industrial Average

(

^DJI

) is trading down 40 points (-0.3%) at 12,834 as of Tuesday, Feb 14, 2012, 10:40 a.m. ET. During this time, 230 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio sits at 692 issues advancing vs. 2,108 declining with 113 unchanged.

Wednesday, February 15, 2012 is the ex-dividend date for Dow component

Chevron

(NYSE:

CVX

). Owners of shares as of market close today will be eligible for a dividend of 81 cents per share. At a price of $105.96 as of 10:40 a.m. ET, the dividend yield is 3.1% compared to the average Dow component yield of 2.7%.

The average volume for Chevron has been 8.8 million shares per day over the past 30 days. Chevron has a market cap of $212.53 billion and is part of the

basic materials

sector and

energy

industry. Shares are down 0% year to date as of Monday's close.

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The company has a P/E ratio of 7.8, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Chevron as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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