Chevron
Chevron is another oil and energy company that aims to provide reliable, affordable, and cleaner energy.
In the midst of the oil market's turmoil, the company's stock is another top high-yielding oil stock to consider buying. It is listed on the New York Stock Exchange as (NYSE: CVX) and is currently trading at $89.87+2.42 (+2.77 percent) with a volume of 1,018 shares.
CVX previously closed at $87.45, surpassing Exxon Mobil's market cap of $173.001 billion.
Chevron's management reduced capital spending by 48% in 2021 and operating expenses by 12%. It also halted its stock repurchase program to ensure that its 6.1 percent dividend remains unchanged. In October 2021, it will acquire Noble Energy.
Furthermore, Chevron Corporation declared a quarterly dividend of ($1.29) per share on October 28, 2021, payable on December 10, 2021.
Founded: 1879
Website: www.chevron.com
Market Cap: 258.812B