10 Best Widow and Orphan Stocks To Invest In

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6. Chevron Corporation (NYSE:CVX)

Number of Hedge Fund Holders: 63 

Chevron Corporation (NYSE:CVX) is an integrated energy company. As per the fourth quarter of 2024 result, the company reported earnings of $3.2 billion ($1.84 per share – diluted) compared with $2.3 billion ($1.22 per share – diluted) in the fourth quarter of the previous year. In January, the company announced that its 50% owned affiliate, Tengizchevroil, has started oil production at its Future Growth Project (FGP) located at the Tengiz oil field in Kazakhstan. FGP is the third processing plant in operation at the Tengiz oil field, which expands sour gas injection capability and is expected to ramp up output to one million barrels of oil equivalent per day.

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