BofA Remains Bullish On Chevron Corporation (CVX)

TheFly reported connected December 11, 2025, that BofA reduced its terms extremity for Chevron Corporation (NYSE:CVX) from $183 to $180 portion keeping a Buy rating.

TheFly antecedently reported connected December 1 that HSBC raised Chevron Corporation (NYSE:CVX) from Hold to Buy with a terms nonsubjective of $169.

Separately, the Gorgon Joint Venture’s partners authorized the A$3 cardinal ($1.98 billion) Gorgon Stage 3 task disconnected the northwest seashore of Western Australia, according to a Reuters communicative published connected December 5. As stated by Chevron Corporation (NYSE:CVX)’s Australian division, the task volition link the Gorgon infrastructure connected Barrow Island to the Geryon and Eurytion offshore earthy state fields to backfill the existent LNG export operation. The task includes six exploration wells drilled crossed 2 fields arsenic portion of a larger subsea tieback plan.

The task connection was approved by the regulator successful November pursuing nationalist feedback, Reuters reported. The Australian divisions of Chevron Corporation (NYSE:CVX), Exxon Mobil, and Shell collectively ain 97.3% of the Gorgon Project, with the remaining shares held by Osaka Gas, JERA, and MidOcean. According to Chevron Corporation (NYSE:CVX) Australia, the task volition beforehand semipermanent section state proviso and LNG exports.

Chevron Corporation (NYSE:CVX) is simply a monolithic American lipid company. It is simply a planetary exploration, production, and refining institution that operates arsenic an integrated vigor business.

While we admit the imaginable of CVX arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy successful 2025. Disclosure. None