Wednesday, July 05, 2017 12:05:03 PM
This morning, most of the leading energy stocks are falling sharply lower. The catalyst for the decline today in the energy sector is the weak price of crude oil. Today, crude oil is dropping by $1.74 to $45.34 a barrel. This is a decline of about 3.70 percent on the trading session.
Most of the leading integrated energy stocks such as Exxon Mobil Corporation(NYSE:XOM), Chevron Corporation(NYSE:CVX), ConocoPhillips(NYSE:COP), and BP plc (ADR)(NYSE:BP) are coming under severe selling pressure today. All of these daily stock charts look weak and could still have more downside before finding a bottom. Chevron Corporation(NYSE:CVX) looks attractive for a major bounce around the $100.00 level. This area was defended in 2016 and should still be defended again when retested.
Nicholas Santiago
InTheMoneyStocks
Recent CVX News
- Chevron Shipping, Wärtsilä Partner to Lower Methane Emissions on LNG Carriers • Business Wire • 09/19/2024 10:00:00 AM
- Meta Strengthens Child Privacy on Instagram; Google Overturns $1.7 Billion Antitrust Fine; Snap Updates Spectacles • IH Market News • 09/18/2024 10:13:07 AM
- Microsoft Boosts Share Buyback, Raises Dividends by 10%, Intel Secures Chip Deal with Amazon • IH Market News • 09/17/2024 10:40:35 AM
- Chevron Shipping Company and MOL to Install Wind Challenger on LNG Carrier • Business Wire • 09/13/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 10:08:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 09:51:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 08:26:56 PM
- Chevron Boosts Oil and Natural Gas Recovery at Two Facilities in U.S. Gulf of Mexico • Business Wire • 09/03/2024 12:30:00 PM
- シェブロン、オーストラリア沖での温室効果ガス探査許可取得によりCCSポートフォリオを拡大 • Business Wire • 08/23/2024 04:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 09:12:23 PM
- Chevron Builds on CCS Portfolio With Greenhouse Gas Assessment Permit Offshore Australia • Business Wire • 08/22/2024 01:00:00 PM
- Walmart Sells JD.com Stake, Microchip Suffers Cyberattack, Union Pacific Warns of Strike in Canada, and Latest News • IH Market News • 08/21/2024 12:12:11 PM
- Deutsche Bank Faces Shareholder Backlash, Bank of America Sponsors 2026 World Cup, Quanterix CEO Buys More Shares • IH Market News • 08/16/2024 10:03:21 AM
- Dell Stock Slide Offers Opportunities; Trump and Musk hold talks on X; GM Restructures China Operations, and More • IH Market News • 08/13/2024 09:43:49 AM
- Chevron Starts Production at Anchor With Industry-First Deepwater Technology • Business Wire • 08/12/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/08/2024 08:35:07 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/07/2024 03:11:12 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/02/2024 10:30:26 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/02/2024 10:16:14 AM
- Chevron Announces Headquarters Relocation and Senior Leadership Changes • Business Wire • 08/02/2024 10:16:00 AM
- Chevron Reports Second Quarter 2024 Results • Business Wire • 08/02/2024 10:15:00 AM
- U.S. Stocks Move Sharply Lower As Data Raises Economic Concerns • IH Market News • 08/01/2024 08:44:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2024 09:24:45 PM
- Match Group Soars 8% Amid Potential Sale Pressure; Deutsche Bank Anticipates 2Q Loss, and More • IH Market News • 07/16/2024 10:10:09 AM
- Ericsson Reports 14% Profit Increase, UBS Downgrades Tesla Shares, Ozempic Linked to Reduced Dementia Risk • IH Market News • 07/12/2024 10:28:11 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM