5 Best Dividend Stocks To Invest In 2016

5 Best Dividend Stocks To Invest In 2016: Chevron Corporation(CVX)

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The Upstream segment involves in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as holds interest in a gas-to-liquids project. The Downstream segment engages in the refining of crude oil into petroleum products; marketing of crude oil and refined products primarily under the Chevron, Texaco, and Caltex brand names; transportation of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacture and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It a lso produces and markets coal and molybdenum; and holds interests in 13 power assets with a total operating capacity of approximately 3,100 megawatts, as well as involves in cash management and debt financing activities, insurance operations, real estate activities, energy services, and alternative fuels and technology business. Chevron Corporation has a joint venture agreement with China National Petroleum Corporation. The company was formerly known as ChevronTexaco Corp. and changed its name to Chevron Corporation in May 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.

Advisors' Opinion:

• [By Johanna Bennett]

  Crude-oil futures shed 1.6% to $77.40 a barrel, sending oil-sensitive stock such as Exxon Mobil (XOM) and Chevron (CVX) falling. Gold futures fell 0.9% to $1159.60 an ounce.

• [By Anders Bylund]

  Exxon is a bit of an anomaly, as the company manages to stick ! close to the Dow average here, dishing out 45.7% of its free cash, while the broader oil industry tends to jump around at the whim of changing petroleum prices. Fellow oil-producer Chevron (NYSE: CVX  ) isn't so lucky, spending 86% of its free cash on dividend checks. The roles were the same a year earlier, though the magnitudes were different: Chevron invested 41.8% of its 2011 cash flow in dividends, while Exxon's ratio was an even lower 37%.

• [By David Dittman]

  Answer: Based on your parameters I would pick TransCanada Corp (TSX: TRP, NYSE: TRP), Verizon Communications Inc (NYSE: VZ), NextEra Energy Inc, ONEOK Inc and Chevron Corp (NYSE: CVX).

• [By Teresa Rivas]

  Shares of Chevron (CVX) were up 0.7% in recent trading, on the heels that it has reached a settlement with Brazilian prosecutors.

  Chevron and Transocean (RIG) were named in the $20 billion lawsuit over a 2011 oil spill off the southeast coast of the country, and both parties are expected to sign off on the deal today, reports The Wall Street Journal. Criminal charges against executives have already been dropped.

  The move comes at a delicate time for Brazilwhile many energy companies are eager to tap the nations resources and appetite, some criticized the government of overacting to the spill; the settlement should calm some ruffled feathers a month before the country will auction off rights to what is believed to be one of the largest oil fields ever discovered in deep ocean waters, notes the Journal.

  However, Transocean didnt get any bump from the news, and was trading down 1.5% at recent check. Both names have lagged the index in the past year: While the S&P 500 has gained nearly 15% in the last 12 months, Chevron is up 5.7% and Transocean is up just 1.7%.

  Other oil majors like Exxon (XOM) and ConocoPhillips (COP) are also up today.

  Update: Reuters is reporting that Chevron is considering bid for stake in a Brazil offshore oil prospect (via Bri! efing.com! ).

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/5-best-dividend-stocks-to-invest-in-2016.html