Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link

.

The

Dow Jones Industrial Average

(

^DJI

) is trading up 18 points (+0.1%) at 16,651 as of Thursday, May 29, 2014, 11:35 a.m. ET. During this time, 77.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 363.5 million. The NYSE advances/declines ratio sits at 1,829 issues advancing vs. 1,090 declining with 183 unchanged.

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Holding back the Dow today is

Chevron

(NYSE:

CVX

), which is lagging the broader Dow index with a 37-cent decline (-0.3%) bringing the stock to $122.15. Volume for Chevron currently sits at 1.5 million shares traded vs. an average daily trading volume of 5.8 million shares.

Chevron has a market cap of $233.85 billion and is part of the basic materials sector and energy industry. Shares are down 1.9% year-to-date as of Wednesday's close. The stock's dividend yield sits at 3.5%.

Chevron Corporation, through its subsidiaries, is engaged in petroleum, chemicals, mining, power generation, and energy operations worldwide. The company operates in two segments, Upstream and Downstream.

TheStreet Ratings rates Chevron as a

buy

. 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 good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

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.

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