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Our Favorite Energy Giants Chevron and ExxonMobil are Focused on Returning Cash to Shareholders

publication date: Nov 4, 2021
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Image Shown: Shares of Chevron Corporation (blue line) and ExxonMobil Corporation (orange line) are both up sharply year-to-date as of this writing. 

We liked what we saw in the latest earnings reports from Chevron and ExxonMobil. Both are focused on fiscal discipline and returning cash to shareholders in the form of dividend payments and share repurchases. Looking ahead, the outlook for the global energy complex is quite bright, and we continue to be huge fans of both Chevron and ExxonMobil. Please note we also include Energy Select Sector SPDR Fund ETF as an idea in the Best Ideas Newsletter portfolio to gain diversified exposure to the recovering global energy complex.


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