Bullet points of Chevron Stock Near 52-Week Lows: Is It Good Enough to Invest?

Bullet points of Chevron Stock Near 52-Week Lows: Is It Good Enough to Invest?
- Shares of Chevron Corporation have dropped by nearly 9% over the past three months, nearing 52-week lows.
- The company's current share price is seen as an excellent opportunity to build a position in a renowned company.
- Chevron's long-term projects and investments in the oil and gas sector are designed to yield benefits over years or even decades.
- The company's production growth is impressive, with domestic output driven by the Permian and DJ Basins.
- Chevron's strategic positioning can result in significant future gains once the current market volatility subsides.
- The company has a well-established dividend track record, having increased its payout for 37 consecutive years.
- Chevron remains a leader in return on capital employed (ROCE), suggesting it is well-managed and capable of generating substantial returns on its investments.