Company Of The Day: Chevron

-20.84%
Downside
173
Market
137
Trefis
CVX: Chevron logo
CVX
Chevron

What?

Crude oil futures rallied almost 5% over the last week, with NYMEX February WTI standing at $79.50 per barrel as of Friday.

Why?

Relevant Articles
  1. Is Chevron Stock A Buy?
  2. How Will The Inflation Theme Fare As Big Rate Hikes Loom?
  3. Company Of The Day: Chevron
  4. Is There A Better Oil Industry Pick Than Continental Resources Stock?
  5. Will Hess Corporation Stock Continue Higher?
  6. Macroeconomic Headwinds To Weigh On Williams Companies Stock

The gains have been driven by multiple supply-side factors, including unrest in Kazakhstan, pipeline maintenance work in Libya, and a deep freeze in Canada and the northern United States.

So What?

Higher crude prices bode well for oil and gas majors such as Chevron (NYSE:CVX). CVX stock has returned about 37% over the last 12 months.

See Our Complete Analysis For Chevron

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Returns Jan 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 CVX Return 7% 7% 6%
 S&P 500 Return -1% -1% 110%
 Trefis MS Portfolio Return -6% -6% 271%

[1] Month-to-date and year-to-date as of 1/9/2022
[2] Cumulative total returns since the end of 2016

Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates