Chevron Corp (CVX): Today's Featured Energy Winner

Chevron ( CVX) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 1.6%. By the end of trading, Chevron rose 98 cents (0.9%) to $106.01 on average volume. Throughout the day, 6.6 million shares of Chevron exchanged hands as compared to its average daily volume of 6.9 million shares. The stock ranged in a price between $104.87-$106.19 after having opened the day at $105.34 as compared to the previous trading day's close of $105.03. Other companies within the Energy industry that increased today were: WSP Holdings ( WH), up 13.5%, Saratoga Resources ( SARA), up 12.5%, Isramco ( ISRL), up 11.2%, and Adams Resources & Energy ( AE), up 8.5%.

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. Chevron has a market cap of $206.83 billion and is part of the basic materials sector. The company has a P/E ratio of 7.7, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 1.5% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Chevron a buy, one analyst rates it a sell, and one rates it a hold.

TheStreet Ratings rates Chevron as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Geokinetics ( GOK), down 9.8%, BMB Munai ( BMBM), down 6.5%, BMB Munai ( KAZ), down 6.5%, and Erickson Air-Crane ( EAC), down 5%, were all losers within the energy industry with Weatherford International ( WFT) being today's energy industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).
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