Two big oil giants, Exxon Mobil (XOM) and Chevron (CVX), capped off blockbuster results in 2022 with record annual profit.
Recently, Zacks.com users have been paying close attention to Chevron (CVX). This makes it worthwhile to examine what the stock has in store.
Chevron (NYSE: CVX) recently grabbed headlines by unveiling a massive $75 billion share repurchase program. Exxon Mobil (NYSE: XOM) has also gotten attention for its sizable repurchase program that will see it buy back as much as $35 billion of its stock over the next two years.