|Bid||67.60 x 1000|
|Ask||67.77 x 2200|
|Day's Range||66.63 - 67.58|
|52 Week Range||35.55 - 79.40|
|Beta (5Y Monthly)||2.48|
|PE Ratio (TTM)||8.50|
|Earnings Date||Nov 01, 2022|
|Forward Dividend & Yield||6.20 (10.31%)|
|Ex-Dividend Date||Sep 09, 2022|
|1y Target Est||80.03|
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Shares of large-cap oil and gas producers Chevron (NYSE: CVX), Occidental Petroleum (NYSE: OXY), and Devon Energy (NYSE: DVN) were in rally mode today, up 5%, 5.4%, and 7.9%, respectively, as of 11:24 a.m. ET. While many stocks were higher today, oil and gas stocks were particularly strong ahead of the upcoming OPEC+ meeting this week. Over the weekend, The Wall Street Journal reported OPEC+ participants would discuss production cuts at the upcoming meeting to offset falling prices, with the potential for a surprisingly large cut in the offing.
The stock market gained as the Ukraine war continued to escalate and OPEC+ considered production cuts.
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