5 Best Blue Chip Stocks To Buy For 2015

5 Best Blue Chip Stocks To Buy For 2015: Chevron Corporation(CVX)

Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The Upstream segment involves in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as holds interest in a gas-to-liquids project. The Downstream segment engages in the refining of crude oil into petroleum products; marketing of crude oil and refined products primarily under the Chevron, Texaco, and Caltex brand names; transportation of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacture and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It a lso produces and markets coal and molybdenum; and holds interests in 13 power assets with a total operating capacity of approximately 3,100 megawatts, as well as involves in cash management and debt financing activities, insurance operations, real estate activities, energy services, and alternative fuels and technology business. Chevron Corporation has a joint venture agreement with China National Petroleum Corporation. The company was formerly known as ChevronTexaco Corp. and changed its name to Chevron Corporation in May 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.

Advisors' Opinion:

• [By Oil and Gas Investments Bulletin]

  But with all the majors who've signed up for Canadian LNG -- Chevron (CVX), Apache (APA), Shell (RDS.A), BP (BP), and most recently Malaysian major Petronas (PNADF.OB) announcing it will invest $20 billion to develop its Pacific Northwest LNG project near Prince R! upert -- we're talking about a development almost unprecedented in our petroleum sector.

• [By Tyler Crowe]

  What happened to 35%?
  Based on federal regulations, the corporate federal tax rate is roughly 35% for any company that makes over $18 million a year in income. But just like individuals filling out their tax forms, the amount that is paid is rarely the same as that individual's effective tax bracket. There are always plenty of deductions and additions that are used to adjust income. With all of these tax benefits, the amount that ultimately goes to the IRS might not even approach that number. Just look at ExxonMobil's (NYSE: XOM  ) and Chevron's (NYSE: CVX  ) income tax levels for 2012.

• [By Jake L'Ecuyer]

  Top Headline
  Chevron (NYSE: CVX) reported a 5.8 percent drop in its third-quarter earnings.

  Chevron's quarterly profit fell to $4.95 billion, or $2.57 per share, from a year-ago profit of $5.25 billion, or $2.69 per share.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/5-best-blue-chip-stocks-to-buy-for-2015.html