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Source: A Permian Basin oil rig. Mose Buchele via NPR StateImpact
Investment Thesis
Chevron (CVX) is one of the preferred oil supermajors fully tailored to figure in your long-term candidate of top oil dividend stocks. I am not the only one who thinks highly about Chevron. Goldman Sachs added CVX to the firm's "Americas Conviction List," stating it approves the oil giant's "capital discipline in its decision to walk away from the purchase of Anadarko Petroleum (APC)."
Chevron belongs to my first-class oil majors like Exxon Mobil (XOM), BP