Top 5 Blue Chip Stocks To Own Right Now

Top 5 Blue Chip Stocks To Own 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 John Reese]

  Chevron Corporation (CVX)

  Since I started tracking my Guru Strategies nearly ten years ago, the performance of my Graham-based model has been rather remarkable. Even though the strategy Graham outlined is now more than 60 years old, it just keeps on working.

• ! [By Dan Caplinger]

  Moreover, the success of oil companies in replacing reserves has been mixed. Exxon and Chevron (NYSE: CVX  ) have both seen reserves rise more than enough to offset their production, but Total and Royal Dutch Shell have fallen short, with reserve replacement ratios in the 85%-95% range. Competition among major oil companies to replace depleted fields with new opportunities has driven up asset prices, narrowing margins and making oil stocks look less attractive.

• [By M. Joy, Hayes]

  Shareholders, keep out
  A few years ago, when the SEC considered introducing a new regulation requiring public companies to include some shareholder-nominated candidates for the board of directors on their proxy statements, Chevron (NYSE: CVX  ) objected.

• [By Arjun Sreekumar]

  Offshore exploration risk
  Deepwater locations, especially off the coasts of Brazil and West Africa, have emerged as popular hotspots. For instance, Brazilian oil major Petrobras (NYSE: PBR  ) is planning to drill exploratory wells off the coast of Tanzania, where it holds 50% stakes in two offshore exploratory blocks, while Chevron (NYSE: CVX  ) recently announced that it will move forward with the development of the Moho Bilondo "phase 1 bis" and Moho Nord projects located offshore the Republic of Congo.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-blue-chip-stocks-to-own-right-now-3.html