If You Like Share Buybacks and Dividends, You'll Love This Cash-Gushing Oil Stock
(NYSE: CVX) reported its fourth-quarter and full-year 2023 results on Feb. 2, and the stock popped 2.9% in response.
It was a monster year for the oil major: It notched $11.36 in diluted earnings per share (EPS) -- its second-best result of the last decade, behind only 2022.
But there are more reasons than just its most recent results to think that Chevron is a dividend stock worth buying now.
Source Fool.com
Chevron Corp. Stock
€145.38
1.550%
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..
