When Chevron finally clinched its $53 billion takeover of Hess, it wasn’t just another blockbuster deal in the oil industry. It came at the end of a high-stakes arbitration clash with ExxonMobil.
TotalEnergies (NYSE:TTE) is a French company with over 100 years of experience in the oil industry and a presence in more than 130 countries. It is considered one of the major oil companies, with a leading position in the upstream, midstream, and downstream oil segments.
CHEVRON CORP (NYSE:CVX) offers a strong 4.44% dividend yield with consistent growth, solid profitability, and financial health, making it a reliable choice for dividend investors.
Trump to announce $70 billion in AI and energy investments in Pennsylvania near Pittsburgh.Trump to unveil $70B in AI & energy investments, boosting chip stocks like NVDA, AMD, TSM, AVGO, ARM, MRVL, MU.
According to a Bloomberg report, Blackstone President Jon Gray is expected to announce a $25 billion project focused on energy and data center development, including a joint venture to boost U.S. power generation capacity.
The market is strong with majority of S&P 500 stocks above their 200-day moving averages. Energy stocks are leading, while defensive sectors may offer lower volatility. Traders can use volatility to their advantage for maximum returns.
Chevron is launching a $5 billion hydrogen project, restructuring global operations, and deepening energy ties with Indonesia through a $34 billion agreement.
