Concerns raised about Chevron's future due to potential decrease in oil prices

From Yahoo Finance: 2025-06-30 12:01:00

Chevron (NYSE:CVX) was discussed by Jim Cramer who expressed concerns about the oil business but praised the dividends. The company returned $6.9 billion to shareholders in Q1, with a dividend of $1.71 per share and a yield of 4.76%. Cramer believes oil prices will decrease, cautioning investors to wait for a lower stock price before investing.

Chevron (NYSE:CVX) is engaged in various energy and chemical operations, including oil and gas exploration, refining, and petrochemical manufacturing. Despite potential as an investment, some AI stocks may offer better upside potential and lower risk. Investors looking for undervalued AI stocks can explore opportunities in our free report.

In response to a caller’s question, Jim Cramer expressed mixed feelings about Chevron (NYSE:CVX), highlighting concerns about the oil industry but acknowledging the appeal of dividends. Chevron’s stock has a dividend yield of 4.76% and returned $6.9 billion to shareholders in Q1. Cramer suggests waiting for a lower stock price before considering an investment.



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