Reddit Posts
Which Gas/Oil company is going to benefit most from renewable energy and will see growth in the next year?
What are your favorite oil-related stocks?
Hidden Gem - Look up CEMATRIX Corporation (CTXXF)/ CEMATRIX Corporation (CVX.V)
Just hit my first major milestone, 12k invested. Just 3.5 years ago I lost my job to due COVID-19 & became homeless shortly after. After going broke & losing my car all my friends slowly disappeared & that is why I’m here sharing this information.
What are your best and worst performers in the energy sector?
Cost Basis is wrong on ComputerShare. It should have been adjusted to Date-of-Death. How can I fix this?
I see very little talk about OIL and OIL /GAS stocks.
$MOND $ACN $CVX "3 "3 Stocks to Buy Before They Become the Next Trillion-Dollar Companies in 2024"
What do you think of Chevron’s (CVX) acquisition of Hess (HES)?
My Israel-Hamas conflict play: $PBR "Hey dummy, you're looking at the wrong continent."
CVX, Chevron spills the beans early, gonna kill earnings this friday, leaks sneak peek
Here's why oil has gone down for the past year, despite OPEC cuts and so many factors, and why people calling $100+/barrel got it so wrong.
Dow Jones today: Markets sputter to start a shortened week.
This is the last time I try to help you all, after this I'm just here LOL with you Apes
How do we feel about going long on oil?!? BP,XOM, CVX, SHEL maybe even OXY
Stocks moving in after-hours: Berkshire Hathaway ($BRK.A), Beam Therapeutics Inc($BEEM), Tesla ($TSLA).
Rip speculative Oxy calls and potentially share price on Monday
Considering doing a 15k order tomorrow for $CVX if it drops to $150. Thoughts
Considering doing a 15k YOlO for $CVX tomorrow if it hits $150. What do you apes think?
2023-03-29 Wrinkle Brain Plays - In the style of Wednesday Addams
Question on oil prices and today's drop, is it time to buy?
A market-cap weighted index of the five top-rated Dow stocks yielding at least 2% as of Feb. 14, 2022 is beating the market by 20 percentage points.
Buyback- CVX & Other Oil Stocks- When do you see impact?
2023-02-16 Wrinkle-brain Plays (Mathematically derived options plays)
Berkshire Hathaway Q4 Updated 13F: Cut stake in TSM by 86%
2023-02-03 Wrinkle-brain Plays (Mathematically derived options plays)
How High Will Chevron (CVX)Stock Go? Is Chevron Still A Good Buy?
Chevron slips after Q4 earnings miss expectations in record full year (NYSE:CVX)
Poetic Justice : Looks likes shorts getting squeezed in Chevron play by management
Chevron surges on eye-catching buyback plan; raised dividend yield tops Exxon (NYSE:CVX)
$10K in puts on the oil/energy sector. DD: Biden admin probably fuming after $CVX buyback / dividend increase announcement.
Nuclear fusion breakthrough - where and how to invest
Nuclear Fusion breakthrough by scientists - where and how to invest
Commodity prices as recession leading indicators
F13 Q3 Update: Berkshire Hathaway Just Started a Position in Taiwan Semiconductor (TSM) and Trimmed Activision (ATVI)
oil will drive higher? CVX calls $190 Nov 18 2022. (serious DD) (not a meme) (GTFIH - Get the fooork in here) 💰💰💰 🚀🚀🚀
Shorting CVX and Petrol Companies.
Warren Buffet now has 73% of his portfolio in 5 stocks?
Warren Buffett's Berkshire Hathaway $BRK.A has reported a 20% jump in operating profits in Q3. Apple (AAPL), Bank of America (BAC), and Chevron (CVX) remain Berkshire’s top holdings. Did you have a better Q3 than Warren Buffett?
Berkshire Hathaway’s operating earnings jump 20%, conglomerate buys back another $1 billion in stock
It's time for big oil to feel the pain let's go $XOM $CVX
Chevron, Exxon up in premarket as energy sector earnings reports start to roll in, adding to industrial growth story
XOM AND CVX earnings tomorrow I’m getting calls on XOM if earnings does amazing. Energy stocks been already good but let’s just see tomorrow🛢
How Will Interest Rate Effect Earnings?
2022-10-25 Better Tasting Crayons (Mathematically derived options plays)
How to Fight Russia with Gold and Oil
Chevron Announces Q&A Series for Retail Shareholders
Own Energy and gas stocks as Europe faces severe energy shortage
The Interesting Portfolio of a Smaller Asset Management Company Owned by Berkshire Hathaway........
$VET Strongest OIL & Gas Name Today, Breaking Weekly & Daily Flag.
Made 20k on SPY puts almost lost it in AMZN calls post split then CVX calls for the save then Tesla shares to finish it out
How will the U.S. stock market trend next Monday?
Does Warren Buffet Buy Penny Stocks?
What stocks to invest in according to SynerAI's Foliko ?
Oil had a great run, but it may be time to consider cutting loose those oil industry stocks, and look into shorting them. Here's why:
Seeing though a recession seems extremely likely, is it time to offload oil?
Should we give up on leveraged oil etfs for now or double dip because of the recent price drops?
Oil puts go brrrrrr BABA lotto puts don’t go brrrrr.$CVX baby bet, 7/15 and 7/01 150p
Large Oil Companies: So Mr. President, 4.99 oil and we avoid "windfall" profit taxes right?
CVX and XOM could more than double last years earning - that would mean they still made less than Apple did last year
Daily Commentary (June 13/14, 2022)
Mentions
XOM, CVX: Y'all keep raising oil prices, we'll keep finding new ways to smear ourselves with feces anyway
CVX and XOM calls?
CVX baby https://preview.redd.it/hzjk29j1brwc1.jpeg?width=1290&format=pjpg&auto=webp&s=625f9766a5c7497f797f336037e80fd0558ce56b
What’s happening to CVX lol cmon now
https://preview.redd.it/h07d5pbxjowc1.jpeg?width=1290&format=pjpg&auto=webp&s=9ca118c549d12f052f55e51680f6855fb58c1221 Let’s go CVX
Anyone have thoughts on if CVX will continue its run
I loaded up on more in the dip too. Also in on CVX and PLTR.
I considered calls for earnings, but got myself deep into other plays due to the possibility of being more lucrative and now I feel like I need to ride them out this week and next before making another move. I’m deep in MSFT and moderately in CVX this week and deep in AMZN and PLTR next week. I have been swinging very anxiously back and forth between spy calls and puts. I am neurotic by nature and likely will go back to FANG after this, because it’s much more peaceful.
Well so far I'm 2 for 2. MSFT and GOOG news to come in 5 hours. Oil and Gas report Friday morning and could accelerate the SPY further downward heading into the weekend. Especially if the new inflation data weighs on future revenue predictions for 2024. XOM, CVX, and PSX earnings are in the AM.
I have ridden FANG calls for a long time. They’ve given me good profits every week to boost my monthly earnings. They have been very low stress. FANG has been consistent. Giving me about 1200 every week. Love the stock for call options plays. I am not riding them for earnings, because I am gambling heavier in tech and retail and riding CVX calls.
Bought A LOT of AMZN and MSFT calls. Little bit of SPY calls and a few more CVX calls.
MSFT, AMZN, PLTR, CVX calls
Got two CVX calls and one DVN call
XLE directional moves almost 100% correlated with CVX, so easy to trade intraday calls using Momentum indicators.
CVX 
UNH 490c...down42% F 12c....up 88% XLE 94c...up 17% CVX 155c...up 34% MSFT 395c...up 5% TSLA 145p...up 3%
UPS puts, into HUM calls, into ABBV and CVX calls
UNH 490c.....down 35% F 12c....up 72% XLE 94c...up 3% CVX 155c...up 17% MSFT 395c...down 6% thinking TSLA puts
CVX calls, they also smash earnings with higher oil prices.
SLB is a equipment, I’m talking CVX XOM I have MRO calls
OXY, CVX, and XOM, 3 of the worst run operators in the business, congrats on the trifecta. You’ll ride the wave of oil price but it won’t be on good fundamentals. XOM Guyana is about the only thing worthwhile here, so much so Chevron is willing to buy Hess for 53 billion just to taste Guyana
Calls : CAT, RTX, LMT, GD, NOC, LHX, XOM, CVX Puts: your mom
UNH 490c F 12c XLE 94c CVX 155c MSFT 395c
CVX calls and TSLA puts. Simple.
currently 90% CVX 10% TSLA, was 100% NVDA for a year and sold at 921.
You as well? LFG. I’ve got 162.5 CVX calls that expire tomorrow. They’re gonna be insane
I just don’t have enough time to do significant research tbh. If I had stayed with my original portfolio from right as COVID happened (BX, LLY, MSFT,CVX,) I’d be doing pretty damn good. Oh well. $VOO it is.
Spoke with Mike Worth he told me CVX will crush earnings 
Just bought a little CVX Friday morn..promptly went down $2 which is what usually happens to me.
Then sell at open so you will sleep easy. Me, I'll hold my CVX, XOM, and OXY calls.
Texas's 21st congressional district representative, Chip Roy, has executed several stock transactions, according to a recent congressional trade report. The congressman sold shares in multiple companies, including AT&T Inc. (NYSE:T), Atlas (NYSE:ATCO) Energy Solutions Inc. (NYSE:AESI), Chevron Corporation (NYSE:NYSE:CVX), Energy Transfer LP (NYSE:NYSE:ET), Exxon Mobil Corporation (NYSE:XOM), Kinder Morgan , Inc. (NYSE:NYSE:KMI), and Nustar Energy L.P. (NYSE:NYSE:NS). - Investing. Guess this is the top for oil. SPY 525 EOW  NFA.
yeah, CVX is way undervalued. fair value around $191
https://preview.redd.it/wuvlvw83p9uc1.png?width=1284&format=png&auto=webp&s=cdc3eb4aa74bdd678fc22aeb22b93bdb68be6187 JPM puts and CVX calls to end my Friday
Oil Stocks: XOM, PSX, CVX, COP Good dividends, good hedge against inflation and war. Cyclical, so buy when they are beaten down and sell some when they are way up. Keep them at a fixed percentage of your portfolio.
Oil Bulls it’s a Hold CVX for me on these 🇮🇷 news 
lol yeah I did the same with some like CVX @ 70's , SBUX @ 50's sold around 100% also.
SMG, HRL, CVX SMG looks poised to hit 120 HRL I’d say 50 CVX I could see going to 180 or higher
That's exactly what I was thinking. Pipeline companies don't see significant upside due to higher commodity prices. Anyoke that wants proof can look at the 5 year charts on PAA and ET and compare that with price jumps in E&P's like XOM, EQT, MRO, and CVX from 8/2021 to 8/2022. Summer of 2022 oil and especially NG prices spiked, and everyone was rushing to build inventory. NG price is at the same level it was during the Covid lockdowns, and two of the largest producers have said they're going to shut-in production, aka reduce the amount of gas they send to market. LNG exports are picking up but the takeaway capacity still lags the supply glut, especially after the warm winter we had this year. Are you a commodities trader, or do you work at an E&P?
And I decided to buy CVX months ago and it’s done nothing meanwhile PAA rips higher 🤦🏼♂️
Does potential war in the Middle East drive the price of oil stocks (CVX) up? Have a couple shares and it has been doing well lately thinking of buying more after I cash in some calls next week
And the Iranians threatening Israel to bomb the country out of the face of the earth. It's no wonder both my LMT and CVX stocks were green when there was blood on the streets.
Which oil company do you like XOM or CVX ?
Scooping up ABBV, AMD, CVX, LMT
Gonna run OXY and CVX up to new ATH. Crude oil is up, and I doubt we’ll be tapping into reserves.
Shorted CVX and XOM for 500 today
Been seriously thinking about trimming 5% CVX and 5% JPM and putting it into amzn
25% AMZN 20% CVX 20% PBR 15% JPM 10%Brkb 5% SOFI 5% RKLB
Mine? CVX. Made a pretty penny selling near the top in '22. Waited for a good opportunity to buy back in as it was my dividend stock. The odd hess merger news dip seemed like that opportunity. Bullish, even with out them talking about increasing buybacks. Love the dividends which they always increase too
I’ve got 2.5Kbin annual. Little over $200 a month. Mostly Drip but CVX. sBLK STLA. And SCHD (30K) 70K in s&p 20 in SWLVX
Praying for a breakout above resistance in my energy stocks, XLE, XOM, CVX, DVN, OAK, HP. The ascending triangle is bullish! 🚀
I'm playing it through energy (CVX) currently. However, I'm holding my tech.
That is why I said short term, like 6-12 months out. From a historical perspective, most stocks are pretty high; SPY and QQQ are at all times high, after all. The last time XOM was $40, the world population was literally in lockdown and oil futures went negative. I dont think that will happen within the next 12 months. Given current market conditions (XLE is the second best performer this year), I think XOM and CVX are good investments for the next 6-12 months.
ENR, DORM, CVX, XOM, value and growth all around
Agree but long term hold for CVX and XOM. I am holding.
Look for P/E I would say JPM/CVX/F
I hold GOOG and CVX. Energy and communication have quietly been the best performing sectors this year.
Short term, I would go with CVX or XOM. With the summer driving season coming up, I think oil will hit at least $90 dollars per barrel, which would match last year's high. When that happens, CVX should hit about $180. Long term, I would say GOOG. It has the lowest PE among the mega cap tech companies.
A covered call wheeling on CVX / XOM. These see little movement and have very low IV (20-25%) ... But u can make almost 10% on covered calls alone, + 4% dividends. I sell 8-10% OTM 1-2 months out calls... usually for 150-200% of the quarterly dividend. If i get get assigned, i get 10% upside + CC premium and then sell put to recover the shares. Collect dividends as you go. Sure a little more involved... But a nice increase in income from a 4% dividend yield
Oil companies do well when oil prices rise. I own XLE as well as XOM, CVX, SHEL, COP, and BP. Also a little PEO is fun.
XLE is the oil and gas company etf. It has XOM and CVX
Pretty sure the pumps in NVDA, SMCI and the like have been far more impressive. However, I do like the idea of a rotation from chips/tech —> commodities. I hold CVX calls.
Sounds like you're several steps ahead of the crowd, good observation. But also keep in mind that in the long-term fortune favors the dividend investor... **How to invest using Warren Buffett’s ‘Secret Sauce’** You don’t have to be a great stock picker like Warren Buffett to take advantage of dividend-paying stocks. That’s good to know, since in his latest annual report, which was released late last week, Buffett credited his success with dividend-paying stocks as his “secret sauce.” His stellar knowledge of stocks might scare and intimidate you, but Warren Buffett wrote in his 2012 Annual Report that, "We truly relish the dividends we receive from most of the stocks that Berkshire owns." **Buffett rakes in a collective $4.84 billion in annual dividend income** from the dividend paying stocks in his portfolio. The Oracle of Omaha, who hosted some 40,000 investors last weekend at his famed annual meeting in Omaha, clearly likes receiving dividends -- nearly 90% of his portfolio is in dividend stocks. So why exactly does buy them? The answer lies in understanding optimal capital allocation, or simply just put your money to work for you. Your primary goal in investing should be to buy income producing assets. Instead of thinking that the burden is all on you, and that you yourself must perform admirably, and become a savant stock picker, why not boost your portfolio’s performance with dividend-paying stocks, just like Buffett. Berkshire Hathaway’s (NYSE: BRK.A and BRK.B) portfolio includes energy stock Chevron (NYSE: CVX), which is riding a 35-year streak of increasing its base annual dividend payout. Chevron gives a big boost to Buffett's bottom line with nearly a cool billion **($964,107,966) in annual dividends**. The Oracle of Omaha and his investment team love bank stocks. In particular, they've really piled into Bank of America (NYSE: BAC), or BofA for short. Over the next 12 months, Berkshire Hathaway will collect almost **$909 million in dividend income** from BofA. Last year, Buffett and his investing lieutenants (Todd Combs and Ted Weschler) oversaw the purchase of more than 194 million shares of Occidental Petroleum (NYSE: OXY). While these common shares are netting Berkshire Hathaway $101 million in yearly dividend income, it's the $10 billion invested in Occidental preferred stock yielding 8% which is providing the bulk of **dividend income from this company ($800 million annually)**. Another big-time income producer that should come as absolutely no surprise to most investors is tech stock Apple (NASDAQ: AAPL). Apple is Berkshire Hathaway's largest holding by a considerable amount, and Apple is on track to provide Buffett with **$842 million in dividend income** this year. Buffett and his team are also raking in a boatload of annual dividend income from beverage stock Coca-Cola (NYSE: KO). Coke is Berkshire Hathaway's longest-held stock (since 1988), and it'll likely be increasing its base annual dividend payout for the 61st consecutive year in 2023. Coca-Cola pays Buffett **$704,000,000 in annual dividend income**. Consumer staples stock Kraft Heinz (NASDAQ: KHC) is one of Berkshire Hathaway's riskiest investments (and possibly Buffett worst stock, Kraft Heinz's balance sheet is weighed down by debt). Yet, the company behind such brands as Kraft, Heinz, Cool Whip, Kool-Aid, and Oscar Mayer, pays Berkshire Hathaway **$521 million in yearly dividend income.** \*\*\* **Coca-Cola IPO Lists on the NYSE** In 1888 businessman Asa Griggs Candler purchased the rights to the Coca-Cola formula for just $2,300, and the Coca-Cola Company (KO) was subsequently incorporated in 1892. Then, in 1919, a group of businessmen led by Ernest Woodruff purchased The Coca-Cola Company from Candler for $25 million. Later that year, Coca-Cola made its initial public offering (IPO) on the New York Stock Exchange (NYSE), for $40 per share. Coca-Cola’s long history of stability has positioned the company as one of the world’s most recognizable brands, with overwhelming consumer loyalty – not to mention consecutive dividend increases – which has helped the company remain popular with investors for decades. As of the 2016 annual report, Coca-Cola shares have risen so that the company’s market capitalization is roughly $180 billion, and has had 53 consecutive dividend increases. **At the end of 2015, one share of KO stock purchased in 1919 (with dividends reinvested and stock splits) would have been worth $12,748,802, an annual growth rate of 14.11%.**
Posting my current watchlist: CVS, CVX, OXY, & DE. But of course, in the future there may be better opportunities than these
My CVX calls thank the brave Ukrainian heroes for their attacks on Russian refineries.
>Edit 2: BD = broker-dealer. Hmm... So, they don't teach U about overvalued and overbought stocks where U work? Now U want to double down on TSLA, even though you're down about 50%? Just in general, doubling down on a bad idea usually ends badly. And U actually don't need to trade overhyped stocks to make lots of money from investing... **How to invest using Warren Buffett’s ‘Secret Sauce’** You don’t have to be a great stock picker like Warren Buffett to take advantage of dividend-paying stocks. That’s good to know, since in his latest annual report, which was released late last week, Buffett credited his success with dividend-paying stocks as his “secret sauce.” His stellar knowledge of stocks might scare and intimidate you, but Warren Buffett wrote in his 2012 Annual Report that, "We truly relish the dividends we receive from most of the stocks that Berkshire owns." **Buffett rakes in a collective $4.84 billion in annual dividend income** from the dividend paying stocks in his portfolio. The Oracle of Omaha, who hosted some 40,000 investors last weekend at his famed annual meeting in Omaha, clearly likes receiving dividends -- nearly 90% of his portfolio is in dividend stocks. So why exactly does buy them? The answer lies in understanding optimal capital allocation, or simply just put your money to work for you. Your primary goal in investing should be to buy income producing assets. Instead of thinking that the burden is all on you, and that you yourself must perform admirably, and become a savant stock picker, why not boost your portfolio’s performance with dividend-paying stocks, just like Buffett. Berkshire Hathaway’s (NYSE: BRK.A and BRK.B) portfolio includes energy stock Chevron (NYSE: CVX), which is riding a 35-year streak of increasing its base annual dividend payout. Chevron gives a big boost to Buffett's bottom line with nearly a cool billion **($964,107,966) in annual dividends**. The Oracle of Omaha and his investment team love bank stocks. In particular, they've really piled into Bank of America (NYSE: BAC), or BofA for short. Over the next 12 months, Berkshire Hathaway will collect almost **$909 million in dividend income** from BofA. Last year, Buffett and his investing lieutenants (Todd Combs and Ted Weschler) oversaw the purchase of more than 194 million shares of Occidental Petroleum (NYSE: OXY). While these common shares are netting Berkshire Hathaway $101 million in yearly dividend income, it's the $10 billion invested in Occidental preferred stock yielding 8% which is providing the bulk of dividend income from this company **($800 million annually)**. Another big-time income producer that should come as absolutely no surprise to most investors is tech stock Apple (NASDAQ: AAPL). Apple is Berkshire Hathaway's largest holding by a considerable amount, and Apple is on track to provide Buffett with **$842 million in dividend income** this year. Buffett and his team are also raking in a boatload of annual dividend income from beverage stock Coca-Cola (NYSE: KO). Coke is Berkshire Hathaway's longest-held stock (since 1988), and it'll likely be increasing its base annual dividend payout for the 61st consecutive year in 2023. Coca-Cola pays Buffett $**704,000,000 in annual dividend income**. Consumer staples stock Kraft Heinz (NASDAQ: KHC) is one of Berkshire Hathaway's riskiest investments (and possibly Buffett worst stock, Kraft Heinz's balance sheet is weighed down by debt). Yet, the company behind such brands as Kraft, Heinz, Cool Whip, Kool-Aid, and Oscar Mayer, pays Berkshire Hathaway **$521 million in yearly dividend income**. \*\*\* **Coca-Cola IPO Lists on the NYSE** In 1888 businessman Asa Griggs Candler purchased the rights to the Coca-Cola formula for just $2,300, and the Coca-Cola Company (KO) was subsequently incorporated in 1892. Then, in 1919, a group of businessmen led by Ernest Woodruff purchased The Coca-Cola Company from Candler for $25 million. Later that year, Coca-Cola made its initial public offering (IPO) on the New York Stock Exchange (NYSE), for $40 per share. Coca-Cola’s long history of stability has positioned the company as one of the world’s most recognizable brands, with overwhelming consumer loyalty – not to mention consecutive dividend increases – which has helped the company remain popular with investors for decades. As of the 2016 annual report, Coca-Cola shares have risen so that the company’s market capitalization is roughly $180 billion, and has had 53 consecutive dividend increases. **At the end of 2015, one share of KO stock purchased in 1919 (with dividends reinvested and stock splits) would have been worth $12,748,802, an annual growth rate of 14.11%.**
Current portfolio is \~10K USD * MSFT: 15% * AMZN: 10% * MA: 9% * CVX: 5.5% * BTI: 5% * META: 5% * ACGL: 4% * MNST: 2% * VOOG: 20% * QQQM : 5% I have about 1K sitting in the account right now not invested in anything. Anyone have any thoughts on what I should invest in with it?
Definitely not CVX. US producers are still drilling like crazy. If you have it, you can hold but don't add (what I am doing). Crude price ticked up a tiny bit but a chunk of that is supported by SPR which is steadily increasing again.
Which do you think is the better buy right now, CVX, LMT or ABBV? sold all my NVDA last week and want to find something new, Im 100% cash right now
VLO, XOM, CVX 
u/generouscookie1981 A little math over the morning coffee....TPL claims an average of 4.4% revenue interest on oil and gas pumped on their land. They posted a royalty equivalent of 235,000 barrels a day of revenue. So if 235k is 4.4% of the total production from TPL land, the overall production should be around 5.3 million barrels daily. The COP land purchase was projected at 2 million BPD. So TPL owns more acres (874k vs 200k) that is more productive (5.3 million vs 2 million). Those numbers do indicate that the COP purchase was more productive per acre, but not much. So, on the open market, should TPL sell, I don't think its a stretch to assume they could get an equal $9.5 billion, and probably more. I'm sure there are adjustments to be made for the fact the TPL has leases and whoever bought the land couldn't access all the oil for themselves. However XOM and CVX are by far their two largest tenants, so they could theoretically be buyers. I don't think TPL is currently looking to sell. However, I do think it's and interesting thought experiment on their book value. TPL has and EV of $11.3 billion. If you figure $10 billion is their liquidation value, the market is giving them almost no credit for the $450 million of annual cash flows they generate from those assets. I think this adds to the thesis that this is a great business that is being discounted because of its current "ham sandwich" (to steal a phrase from Buffett) level management.
Both tickers have acquired the leaders in two separate spaces in the last 12 months (CVX + REGI (RNG) and XOM + DEN (CCS/CCUS)).....having a hard time seeing how traditional energy companies - using assets already in place / capex dollars already spent - are going to be beat out by less mature clean energy pureplays, especially when you consider items like sensitivity to interest rates, having a built in / natural hedge against illiquid and volatile clean energy commodity markets (go look at how LCFS and RIN prices have been trending of the last 24ish months.....), and attracting outside money that would otherwise pass due to technology risk that's embedded into most of these clean energy pureplay share prices that XOM / CVX / whomever can say "we're able to take risks on emerging energy industries and technology since our near term cash flow and leverage profile is supported by our traditional energy business" Don't believe me? Just look at how the share price of, say, VLO or OXY has moved over the LTM vs a clean energy pureplay they'd compete with (let's use VTNR as a comp for VLO in the renewable fuels space and ACC-NO as a comp for OXY in the carbon capture space) and let us know what you find...
CVX and XOM are both investing heavily in renewables. When you buy a traditional oil and gas company today you are investing a company with a reliable income stream, a generous dividend (in the case of CVX and XOM), and some exposure to the companies that will have the best chance of monetizing the next generation of energy.
I read last year that XOM has been buying land to mine lithium. XOM is an “energy company” i held for years sold and now I’m looking to hop back on. I don’t know much about CVX, you know XOM and CVX all came from SO (standard oil) right.
CVX looks attractive around these levels for monthlies, or quarterlies. I know they have some guyana shit going on, but chart looks good to me. double bottom earlier in the year and on a general uptrend.
What makes you like XOM more than CVX? I personally really like DVN but can’t really choose a strong second between CVX and XOM
CVX would need to rise to 176 in order for HES to accept the merger buyout XOM is claiming their Guyana assets they have 30% ownership of in HES would be devalued CVX counters saying that isn’t the case since it’s a merger and not a buyout stating they’d still have ownership rights for that stake after the deal is finalized Plus the deal increases the value of those assets by almost 20% Exxon get your shit together and stop being a bitch
First, make sure you read this guide, if you haven't already: https://www.reddit.com/r/options/comments/a36k4j/the_wheel_aka_triple_income_strategy_explained/ Let me summarize the key advice in that guide: **Stock selection is 90% of the battle**. The Wheel works great if you pick a stock that basically only ever goes up, and defers losses for the few times it might go down. But if you pick a volatile stock or ETF that is all over the place, the Wheel is not the best way to trade that kind of stock. The Wheel is also not very good for very expensive stocks or ETFs, like NVDA or SPY, since it is a very capital-intensive strat. > I already own 100 shares of a safe dividend stock that has generally grown steadily throughout it's inception. Current stock price is about $160. Is there a reason you are keeping the ticker a secret? The reason I ask is because some very high dividend stocks, like say CVX, are not that good for covered calls, since the risk of early assignment is a little higher around exdiv dates, and discounting for the dividends complicates entry strike selection. Can you afford $16k being tied up in a Wheel. If you end up in the CSP phase because the stock appreciated more than you expected, can you tolerate not getting the dividend or holding shares for months? > I'm going to use this as my entry to do a sell to open covered call with a strike price of $165 expiring in a week and a half. The OOTM probability is 90%, The premium is $0.26. Why 165? What delta is that? An OOTM of 90% suggests something around 10 delta, which is awfully low. Something around 30 delta is more typical, assuming 30 to 45 DTE expiry. How does that premium compared to the dividend? Here's where knowing the ticker would have helped answer some of these questions. > I'm going to do a buy to close on that position at $0.03. (I saw something on YouTube about setting an order to automatically close when you get to about 90% of profit to remove any risk of the stock raising above the strike price at the time of expiration) That video is questionable. Waiting for 90% is riskier than the more conventional 50%. Plus, if you wait for 90%, you might as well wait for 100%, because on $.23 there isn't much difference between 90% and 100%. > If I do get assigned to sell my shares, I will use the $$$ to open a cash secured put on another stock TBD to continue this wheel strategy. Why on *another* stock? That's not the Wheel, if that is your plan. The Wheel stays on the same ticker. > Reading some other threads, I see responses like that money can earn more interest in a savings or CD account. Is there maybe some calculators to compare how that money gets put to use in a bank vs. this wheel option? Anyway, I was already owning these stocks to hold for a long time, and it was already doing nothing already. Also I selected a lower premium just to lower any risk right now of being assigned and try a first covered call to see how it goes. First, you have to make sure that the collateral on a CSP can be swept into an interest bearing bank account or MMF AND that the interest is worth it. These are only questions your broker can answer. There's no need for a calculator. You either get interest on the cash or you don't. If your broker doesn't provide this option, you need to decide if chasing interest on cash collateral is worth switching brokers. > Anyway, I was already owning these stocks to hold for a long time, and it was already doing nothing already. *Shares*, not stocks. Unless you hold more than one ticker. You understand that you shouldn't write a CC (Wheel) on shares you intend to keep long term, right? It's not clear to me from your post whether you want to keep the shares or not.
Donald Trump is pro American gas. CVX if he wins.