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Chevron Corporation (CVX) Expands Eastern Mediterranean Reach with Greek Offshore Gas Bid

We recently collected a list of 12 Dow shares with less than their purchase value, according to analysts. Chevron is one of them.

Chevron Corporation (NYSE: CVX) develops the growth and diversification strategy because it is a balance between the production of traditional energy with investments in low carbon initiatives.

On September 10, 2025, the company made an attempt to explore natural gas in four external blocks near the Peloponnese Peninsula in Greece and Crete, in partnership with Helenik Energy. This step expands CVX in the eastern Mediterranean, an area that attracts interest in its promising reserves in natural gas. The project also supports the push of Greece for energy independence and is compatible with the company’s strategy to put natural gas as a transition fuel in the global transformation towards cleaner energy.

The results of the Chevron (CVX) in the second quarter of the output of oil and gas reflected with a highlight of progress made in renewable fuel, legium, hydrogen and carbon. These efforts emphasize the company’s goal in the profitability balance with sustainability, and to reduce the long -term organizational and market risks.

Financial, the company maintains fixed contribution revenues, with its quarterly profits distributed of $ 1.71 per share of 4.3 %. While analysts currently evaluate the “moderate purchase” shares, they see moderate capabilities in the upward direction as the company transports the energy market fluctuations and integrates the main acquisitions.

CVX expands the eastern Mediterranean range with Greek gas display abroad

Photography by Luis Ramirez not dye

One of the main factors in the near -term is the constant integration of the Hess Corporation, which weighs the profits of the third quarter of about 200 to 400 million dollars, but it is expected to achieve a meaningful long -term growth. The CEO of Mike Wirt has also emphasized the concentration of Chevron Corporation (NYSE: CVX) on international partnerships, including strengthening relations with Argentina in coordination with the priorities of American policy.

While we acknowledge the capable capabilities of CVX as an investment, we believe that some artificial intelligence shares provide greater potential in the upward trend and carry less negative risks. If you are looking for a stock of artificial intelligence with less than very apprecia The best inventory of artificial intelligence in the short term.

Read the following: 30 stocks must double in 3 years and 11 stocks of artificial intelligence to buy now

Detection: Nothing.

2025-09-28 22:52:00

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