Trade Chevron with LHFX

Chevron Corporation is a US integrated oil and gas major founded in 1879 (as Pacific Coast Oil), headquartered in Houston since 2024, and listed on the NYSE under CVX. Chevron is the second-largest US oil major by market capitalisation after ExxonMobil. The company operates two main segments: Upstream (exploration and production of oil and natural gas) and Downstream (refining, fuels, lubricants, petrochemicals). 2024 total revenue was roughly $193 billion, with Upstream contributing the majority of net income. Upstream production averaged 3.34 million barrels of oil equivalent per day in 2024, with the US Permian Basin (Texas and New Mexico) as the highest-growth asset at over 900,000 boepd. Major international assets include the Tengiz field in Kazakhstan, deepwater Gulf of Mexico, Australian LNG (Gorgon and Wheatstone), and West Africa. Downstream operates US refineries in California, Mississippi, and Utah, plus joint-venture refining in South Korea, Singapore, and Thailand. Chevron has paid an uninterrupted dividend for 37 consecutive years (as of 2024) and is a member of the S&P 500 Dividend Aristocrats. The 2024 dividend was roughly $6.52 per share annualised, a yield of approximately 4 to 5% depending on the share price. Share buybacks have run at $10 to 17 billion per year in recent years. At LHFX you trade CVX as a CFD on the NYSE listing, not by buying the share. You profit or lose based on CVX share-price movement, and you can go long or short. Settlement is in USD. Dividend adjustments on the ex-dividend date are passed through: long positions receive the equivalent of the gross dividend, and short positions are debited the same amount. Maximum leverage on CVX CFDs at LHFX is 1:20. Trading hours are US cash-equity hours, 14:30 to 21:00 UTC Monday to Friday. Commission is $3 per side on raw spreads. CFDs let you take a directional view on oil-major equity with defined margin and the ability to short during oil-price drawdowns.

Open an LHFX account and fund it. Minimum deposit is $10. Card and crypto deposits settle in around 20 minutes. Open MetaTrader 5 or the LHFX Trade web platform and add CVX to Market Watch. Trading hours are 14:30 to 21:00 UTC Monday to Friday. Spreads are raw with a commission of $3 per side per standard lot (100 shares), so a 1.00 lot round trip costs $6 plus the natural spread and smaller positions pay proportionally less. Size your position to your account, not to the 1:20 cap. CVX is moderately volatile for a large-cap integrated oil major. Daily 1 to 2% moves are typical, oil-shock days produce 4 to 7% moves, and earnings days run 3 to 5%. A reasonable starting position is one where a 6% adverse CVX move costs no more than 2 to 3% of your account. Set a stop loss before entry. CVX gaps on weekend OPEC+ statements and major geopolitical events affecting Middle East supply. Use limit orders around earnings (typically late January, late April, late July, late October) and ahead of scheduled OPEC+ meetings. Pre-OPEC+ sessions often see compressed CVX volume and wider spreads. Watch ex-dividend dates. Chevron pays quarterly, with ex-dates typically in mid-February, mid-May, mid-August, and mid-November. Long CFD positions receive the gross dividend on the ex-date; short positions are debited. Worked example. On a $1,000 account at a $150 CVX price, opening 1 share of CVX CFD requires $7.50 margin at 1:20 leverage (1 share x $150 / 20). A 6% adverse move on that 1 share costs $9, or 0.9% of your account. If you instead opened 5 shares ($37.50 margin), the same 6% move costs $45, or 4.5% of the account. Run the math on every entry before clicking buy.