Top 10 Blue Chip Stocks To Watch Right Now

Top 10 Blue Chip Stocks To Watch Right Now: Chevron Corporation(CVX)

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The Upstream segment involves in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as holds interest in a gas-to-liquids project. The Downstream segment engages in the refining of crude oil into petroleum products; marketing of crude oil and refined products primarily under the Chevron, Texaco, and Caltex brand names; transportation of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacture and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It a lso produces and markets coal and molybdenum; and holds interests in 13 power assets with a total operating capacity of approximately 3,100 megawatts, as well as involves in cash management and debt financing activities, insurance operations, real estate activities, energy services, and alternative fuels and technology business. Chevron Corporation has a joint venture agreement with China National Petroleum Corporation. The company was formerly known as ChevronTexaco Corp. and changed its name to Chevron Corporation in May 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.

Advisors' Opinion:

• [By Ben Levisohn]

  The folks at JPMorgan took a look at Chevron (CVX) and ExxonMobil (XOM) and came away feeling, well, unenthused. JPMorgan’s Phil Gresh and John Royall explain why they started ExxonMo! bil at Neutral…

  Reuters

  We initiate coverage of ExxonMobil shares with a Neutral rating and a December 2015 price target of $104/share. Within our integrated oil coverage universe, we see ExxonMobil as being more macro-oriented and defensive than peers. We see pricing (macro) as the main model driver, with some incremental help from margin levers like cost/mix. We also see some unique defensive characteristics at ExxonMobil, such as its top-tier FCF yield,
  FCF/dividend coverage ratio and below-average financial leverage, which should allow for favorable return of capital versus peers in all of our scenario analyses. One additional lever to watch is acquisitions. The pool of candidates is vast and the desire to add inorganic reserves could grow if timing risks around Russian exploration grow; however, we expect a long-term, opportunistic orientation, given the likely ROCE headwind for any such deal. Thus, our base case assumes that ExxonMobil will hold its current course of top tier return of capital to shareholders, which could lead to a ~11% total return (including dividends) by year-end 2015 (group ~15%).

  ..and assigned the same rating to Chevron:

  We initiate coverage on Chevron with a Neutral rating and a December 2015 price target of $133/share, which represents 12% total return potential, including dividends (group average 15%). Chevron has an attractive global asset base, with the potential for top tier production growth and margins versus global integrated peers, in our view. While FCF is currently negative as the Australian LNG investment phase peaks, a potential multi-year improvement could be ahead as these projects move into production mode. The post-2017 production outlook also looks favorable, with a balanced reserve profile

• [By Jesse Solomon]

  The unrelenting reign of Big Oil: It's not called Big Oil for nothing. With a market value of over $400 billion, Exxon Mobil (XOM)is the second largest company in the world. Chevron (CVX),! ConocoPh! illips (COP), and Occidental Petroleum (OXY) aren't too far behind. And all them are listed in the S&P 500, the popular index of America's largest companies.

• [By Matt DiLallo]

  When we read that overall description of a blue chip stock we could easily be describing Kinder Morgan. It's already the third largest energy company in North America by enterprise value, behind just ExxonMobil (NYSE: XOM  ) and Chevron (NYSE: CVX  ) . It's also the largest midstream company in North America and as the following slide shows it's the market leader in several key energy infrastructure segments.

• [By reports.droy]

  The shares of Exxon Mobil Corporation (XOM) and Chevron Corp. (CVX) are also somewhat headed in the same downward direction as the investor' joy. Let's take a better look at what is happening in the world of gas prices.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-blue-chip-stocks-to-watch-right-now-5.html