Chevron stock, along with the broader energy sector, has deeply underperformed the S&P 500 Index this year.
Weak oil and gas prices have crimped profits in the short term, but Chevron's impressive slate of projects should fuel strong long-term production growth.
In the meantime, investors receive a high dividend yield of 4% and reliable dividend increases from this Dividend Aristocrat.
By Josh Arnold
Oil and gas supermajor Chevron Corporation (NYSE:CVX) has spent most of the past twelve months trading sideways. Investors are worried about lower oil and gas prices negatively impacting Chevron’s margins,