If you are a businessman and are looking for a safe investment then you should consider buying Chevron stock. As you know, it is one of the most renowned names in the energy sector and its balance sheet is very strong. Its financial debt-to-equity ratio is around 0.15. It’s a very low number, whereas if you see other companies in this sector, their debt-to-equity ratio is quite high.
Whether you are a new businessman or you have been buying and selling stocks for a long time you know the importance of investing in a reliable company. Chevron is one of the most reliable names in the energy sector and has been providing quality service to the customer for a long time. This is the reason; it sees revenue growth almost every year.
Even though the oil prices have been volatile for quite some time and many companies are finding it difficult to make a profit, it’s not the case with Chevron. Many companies are expected to go bankrupt because of the fluctuating oil prices, but not Chevron gas station, because of its strong balance sheet.
If you are looking for a reliable dividend stock you have to consider Chevron. There is a bit of risk involved, but you will get a 4% yield. Its financial position is strong and it has a strong position in the industry.
If you decide to invest in Chevron gas station, not only you would be able to make a good profit off of it, you would also be able to grow as an investor. You will be provided with all the tools you need to make a financial decision and remain up-to-date about the financial situation. You can download the their app and get access to the tools and the latest financial information.
If you visit their website you can get complete stock information. You can see CVX, historical stock chart, and historical price lookup. You can also see dividend information. Furthermore, you will get all the financial information you need to gauge the company’s performance. Furthermore, you will get access to the quarterly and annual reports. Investors can also get information regarding future events and presentations.