Chevron Corp (CVX)

Oil is always going to be a top pick as long as we continue to rely on this unrenewable resource. With the population continually growing, more and more people will be adding cars to the road that run off gasoline.

$5 billion share buyback over the next 3 years, 20% increase in spending on oil exploration in 2007 while Conoco is decresing its spending. Owns 50% of 15 billion barrels of oil discovery in the Gulf of Mexico......I can go on and on about CVX but then that would be bragging.

Low PE and future projected PE, nice dividend. With china and other countries increasing their petroleum demand, oil will likely go up and up and up. And Chevron is well positioned to take good advantage of those future prospects worldwide.

Chosen to be a part of the High Yield Portfolio strategy. Originally created by Fool UK's Stephen Bland (TMFPyad) in November 2000, the High-Yield Portfolio (HYP) strategy invests in a diversified group of 15 blue chip dividend-paying stocks with strong dividend cover, relatively low debt, and a history of increasing dividend payouts. The holding period is theoretically forever -- unless a stock is bought out or cuts its dividend.

Sound crazy? Well, the point of the portfolio is not necessarily for capital gains (although that's certainly a bonus), but to produce increasing amounts of annual dividend income. Daily price fluctuations matter not -- it's the income that matters -- so it removes emotional trading from the picture entirely. Doubters should note that the original UK HYP from November 2000 returned 68% through December 2007 (while the FTSE 100 lost 8%). What's more, the portfolio income payout increased 29% over that seven year period, from 3,451 pounds to 4,462 pounds per year.

Chevron Corporation is the second-largest U.S.-based energy company in US. With wide presence in the U.S. and approximately 180 other countries globally, the company operates as an integrated company with existence in upstream, midstream, and downstream segments.

The company’s profitability is directly paired with the oil and gas prices, which are highly volatile in nature. Further, these prices are directly influenced by market demand and supply and by OPEC, a cartel of oil and gas producing countries, sitting firmly on huge oil reserves. Eyeing the recent increase in the oil prices from a plummet in the recent past, chiefly due to supply constraints and increased demand during the winter season, the company’s top-line will be witnessing an impressive escalation.

Chevron is continuously increasing its reserve base, which is the key survival aspect in the sector. It has sensed the matured North Sea and the U.S. (excluding the Gulf of Mexico) production grounds, and is moving to the unexploited areas of Africa, Asia, Australia, Gulf of Mexico, and South America, which have huge available oil assets.

Chevron Corporation has tasted success umpteen times. The recent strike of natural gas off the northwestern shore of Australia, and the successful completion of an extended production test, at more than 28,000 feet, in the Gulf of Mexico coupled with other discoveries are likely to fuel up the company’s growth in future.

Chevron is currently focusing on the gas to liquids, natural gas, and the Canadian oil sand projects, which are the next generation technologies. These are expected to yield handsome amount of earnings for the company in the near future. On the back of high oil prices, geographical diversification, and continuously increasing reserves through organic and inorganic techniques, the company can easily sail through.

I have watched this stock for over 50 years and have not been disappointed. Only wish that I purchased more at a few of the low points. We will only need more oil and it's products in the forseeable future. Chevron's interest and their investment programs in world-wide energy needs can only increase future profits.

Chevron is the more aggressive in terms of exploration of the big majors (Exxon, Conoco). I like the CEO's constant assertion that this is a new world as far as oil goes. Chevron is generating a ton of cash and oil will continue to be scare and expensive in the years to come.

I researched this stock when oil was at its peak. I came to the conclusion that it would be a great buy even if oil prices were much lower. Now that that has happened, I still agree with my original premise.

Chevron is a great oil company. They make a mint whenever oil is above $30/barrel (which it is right now). Net profits of $5 billion in one quarter, WOW! Pays a dividend, and has a very attractive P/E ratio. This is a great stock to own unless you think gasoline is going back to $0.50 per gallon (I sure don't). High gas and oil prices are here to stay, and Chevron will continue to crank out profits! Buy, Buy, Buy !!!

This pick is definitely long term. Oil companies have fluctuated all over the place but if you look at any oil company's price in the last five years, it's pretty hard to ignore the overall trend...up, up, and up.

That's not to say there couldn't be a correction in the market, but when you have a product that will only increase in demand in the near future, you'd have to be a moron to not be profitable.

Plus, if they really can drill into the Gulf, they should be well situated within the next few years.

Oil prices fell in Q4 and are relatively flat. Prices might creep up. New oil fields coming online and natural gas prices firming will help this company. Excellent Gulf of Mexico opportunities and good LNG opportunities in Australia and Southeast asia will be a bonus.

Even though oil stocks are down, their recent find of the deepocean shelf which could increase the US reserves by approx 50% - is a huge boon to Chevron especially since they gov't goofed on the royalties clause in the lease the covers their recent find. This will only translate into larger net profits for them. 5 Star Buy and hold longterm.

Great stock with well balanced portfolio round the world

oil and gas will return.

Playing the oil card here.

I already have Exxon in my portfolio. I'm hoping that CVX can tap into more Gulf reserves.

The energy market might be in a bit of a downturn right now, but that's only temporary as demand in foreign and domestic markets will surge as global industrialization progresses.

All the oil companies are going to kick the stock market's butt, at least for another seven years. Then, people are going to notice that we are going to run out of oil, and they will start investing seriously in alternative energy. Until then, ride this horse into town!

My favorite of the diversified major oil companies. A lot of positives here. Great in exploration, as they were a part of the major find in Gulf this year. Management does a nice job, but does tend to disappoint come earnings time (until last quarters 5bil number). Great dividend. They are as strong as Exxon in my opinion and don't take the heat from the public that Exxon does. Tough to go wrong here if you're in at a decent price.

Big oil, it's over. The governments where you are getting your oil want more of the money. Profits are going to go down. How can a few greedy rich men compete when nation pull out this-means-war-card.

With the rising cost of gas in the United States (projections to be around 4.00-4.50/gallon by the time Bush leaves office...) we all will be dependent on getting around and other areas will be cut ie entertainment/dining out/etc... BUY BUY BUY!!!