Company Of The Day: Chevron

-0.46%
Downside
159
Market
158
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?

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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

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