Chevron (CVX) Stock Continually Gains Momentum: Should You Start Investing?

Chevron (CVX) clearly shows an improvement for the last five days. The last trading session was closed at the value of $94,34 with a market capitalization of $194 billion. At the moment of writing, the cost is constantly gaining momentum by over $102.85, representing a 9% growth. Despite that, according to a spreadsheet showing member firm adherence to its requirements, Chevron and Exxon has refused to publicly disclose taxes and other payments paid to governments in countries where they operate that are not EITI members.

Chevron Corporation, through its subsidiaries, is involved in the integrated energy, chemical, and petroleum operations around the world. The company operates in two segments: Upstream and Downstream. The upstream segment is engaged in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; and transportation, storage, and marketing of natural gas. The Downstream segment involves refining crude oil into petroleum products, marketing crude oil, refined products, and lubricants, transporting crude oil and refined products through pipeline, marine vessel, motor equipment, and plastics for industrial uses.