ExxonMobil and Chevron's Banner Results: Which Is the Better Dividend Stock to Buy Now?
On Feb. 2, ExxonMobil (NYSE: XOM) and (NYSE: CVX) reported their fourth-quarter and full-year 2023 results. It was the second-best year for both companies over the last decade (the best being 2022 when Brent crude oil prices averaged over $100 a barrel).
Chevron rallied just shy of 3% on its news, while Exxon fell 0.4%. Zoom out, and Exxon is up 115% over the last three years compared to 71.1% for Chevron. Here's what you need to know to determine which dividend stock is best for you.
Source Fool.com
Chevron Corp. Stock
The stock is an absolute favorite of our community with 26 Buy predictions and no Sell predictions.
As a result the target price of 179 € shows a positive potential of 23.13% compared to the current price of 145.38 € for Chevron Corp..