Chevron Partners with Quantum Energy to Bid for Lukoil's $22 Billion Assets
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2026
0mins
Should l Buy CVX?
Source: Fool
- Bidding for Lukoil: Chevron is partnering with private equity group Quantum Energy to bid for sanctioned Russian oil company Lukoil's international assets, valued at approximately $22 billion, indicating the company's intent to expand in the global energy market.
- Dividend Growth: Chevron has raised its dividend for 38 consecutive years, with a forecasted yield of 4.4%, reflecting the company's strong performance in delivering shareholder returns and boosting investor confidence.
- Increased Market Competition: In addition to Chevron, Carlyle Group and Abu Dhabi's International Holding Company are also in the bidding, highlighting strong market interest in Lukoil's assets, which could lead to future consolidation in the energy sector.
- Popularity of Energy Theme: Analysts have identified Chevron as a foundational stock, emphasizing its ongoing appeal in the energy sector, which may attract more investor attention towards its long-term growth potential.
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Analyst Views on CVX
Wall Street analysts forecast CVX stock price to fall
19 Analyst Rating
15 Buy
4 Hold
0 Sell
Strong Buy
Current: 191.790
Low
158.00
Averages
176.95
High
206.00
Current: 191.790
Low
158.00
Averages
176.95
High
206.00
About CVX
Chevron Corporation is an integrated energy company. The Company produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance its business and industry. The Company’s segments include Upstream and Downstream. Upstream operations consist primarily of exploring for, developing, producing and transporting crude oil and natural gas; liquefaction, transportation and regasification associated with LNG; transporting crude oil by major international oil export pipelines; processing, transporting, storage and marketing of natural gas; carbon capture and storage; and a gas-to-liquids plant. Downstream operations consist primarily of the refining of crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels, and transporting of crude oil and refined products by pipeline, marine vessel, motor equipment and rail car.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Call to Neighbors: He urged Middle Eastern neighbors to clarify their positions and demanded the closure of U.S. military bases, reflecting Iran's intent to assert dominance in regional security matters, which may strain relations with neighboring countries.
- Warning to the U.S.: Khamenei reiterated his commitment to avenging the blood of martyrs, signaling Iran's unwavering position in the current conflict, which may draw increased international scrutiny and concern regarding Iran's military actions.
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- Potential Buy Stocks: The five stocks we are interested in include Boeing, Alphabet, Goldman Sachs, Nike, and Cardinal Health; while Boeing faces challenges from rising fuel prices, its new jets' fuel efficiency remains attractive over time.
- Market Volatility and Strategy: Given the current market environment, if oil prices continue to rise, it could lead to further market declines, hence we advise keeping some cash on hand to seize future buying opportunities.
See More
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- Surging Oil Prices: Brent crude futures briefly hit $100 a barrel again on Thursday, with the national average gasoline price climbing to $3.59 a gallon, up 22% from a month ago, which will further burden American households economically.
- Weak Job Market: The U.S. economy lost jobs in February, with the unemployment rate rising to 4.4%, indicating that the softening labor market combined with inflation pressures may lead to tighter financial conditions for households.
- Fed Policy Uncertainty: Despite facing pressure to raise rates, the Federal Reserve is unlikely to cut rates in the next two meetings due to accelerating inflation, making it difficult for consumers to expect economic relief in the coming months.
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