Chevron’s stock is set for volatile swings in 2024, fueled by oil price shocks and its $60B Hess acquisition, challenging analyst forecasts.
Key takeaways
- Why Chevron’s Stock Trajectory Could Defy Market Expectations in the Next Year
- Wall Street’s consensus rarely gets energy stocks right, and Chevron is primed to surprise on both upside and downside. Despite a string of bullish analyst outlooks—mo...
- Market sentiment is cautious, but not bearish. Trading at a 52-week range between $139 and $172, Chevron’s shares have lagged the S&P 500 but outperformed smaller oil ...
- Crunching the Numbers: Chevron’s Financial Health and Market Performance Data
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