Bullish Case: Chevron's appeal to Australia's workplace arbiter may quickly end labor disputes, minimizing disruptions to LNG operations [The Wall Street Journal]. Also, U.S. support in Chevron's dispute with Cyprus over the Aphrodite gas field might expedite its development plans [naturalgasworld.com, Yahoo]. Finally, Chevron's 77-acre land acquisition could lead to a new R&D facility bolstering long-term business objectives [therealdeal.com].


Show historical bullish cases

Bearish Case: If Chevron fails to resolve its labor disputes that led to strikes disrupting its Australian LNG operations, it can significantly affect global LNG supply due to these facilities accounting for over 5% of global supply [Reuters][Reuters][Reuters]. Moreover, reliance on untested laws to halt strikes introduces further uncertainty [Reuters].


Show historical bearish cases

Takeaway: Chevron's performance largely depends on two uncertain scenarios - the outcome of ongoing labor disputes in Australia and the resolution of the Cyprus gas field conflict. The former poses immediate challenges, while the latter could secure future supply. Developments in both are essential to watch.


Show historical takeaways

Potential Outcomes:

1. Chevron resolves labor disputes quickly, operations resume normally: 37% [Metaculus]. This could prevent further disruption in Chevron’s LNG operations.

2. Continued and escalating strikes disrupt LNG operations: 63%. This could cause price spikes in global LNG markets and harm Chevron's reputation and bottom line [Reuters].

3. Expansion of Chevron's operations in Houston through a new R&D facility: Uncertain. This depends on the company’s strategic planning, and could provide competitive advantage [therealdeal.com].

4. Aphrodite gas field development progressing as planned due to U.S. backing: Uncertain. This hinges on bureaucratic and geopolitical factors [naturalgasworld.com, Yahoo].


September 13, 2023


Chevron Forecast

[CVX]  Chevron
Price Forecast: BULLISH    Price Action: MEAN REVERTING



Access CVX Forecasts + Optimized Trading Strategies.







CVX Balanced News:


Correlated Stock Forecasts

Assets that tend to move strongly with CVX



DIG Forecast + Options Trading Strategies   [DIG]  ProShares Ultra Oil & Gas (0.88)


MRO Forecast + Options Trading Strategies   [MRO]  Marathon Oil (0.83)


ERF Forecast + Options Trading Strategies   [ERF]  Enerplus (0.8)


FENY Forecast + Options Trading Strategies   [FENY]  Fidelity Covington Trust - Fidelity MSCI Energy Index (0.78)


SPHD Forecast + Options Trading Strategies   [SPHD]  Invesco S&P 500 High Dividend Low Vol (0.74)



Uncorrelated Stock Forecasts

Assets with little price relationship to CVX



VB Forecast + Options Trading Strategies   [VB]  Vanguard Group, Inc. - Vanguard Small Cap (0.0)


FXC Forecast + Options Trading Strategies   [FXC]  Invesco CurrencyShares Canadian Dollar (-0.0)


LEA Forecast + Options Trading Strategies   [LEA]  Lear (0.0)


AER Forecast + Options Trading Strategies   [AER]  Aercap (0.01)


CC Forecast + Options Trading Strategies   [CC]  Chemours (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CVX



MNDY Forecast + Options Trading Strategies   [MNDY]  Monday.Com (-0.62)


INOD Forecast + Options Trading Strategies   [INOD]  Innodata (-0.63)


RIOT Forecast + Options Trading Strategies   [RIOT]  Riot Blockchain (-0.64)


DUOL Forecast + Options Trading Strategies   [DUOL]  Duolingo (-0.65)


BMEA Forecast + Options Trading Strategies   [BMEA]  Biomea Fusion (-0.69)


CVX News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.

Most Recent CVX News