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On June 25, 2025,
(CVX) experienced a significant decline, with its trading volume dropping by 31.88% to 10.59 billion, ranking 68th in the day's market activity. The stock price fell by 0.22%, marking the third consecutive day of decline, with a total decrease of 4.23% over the past three days.Chevron has recently expanded its operations into the lithium sector, acquiring 125,000 acres of land in Texas and Arkansas. This strategic move is part of the company's broader initiative to secure essential materials for electric vehicle (EV) batteries, positioning itself as a key player in the rapidly growing EV market.
Barclays has maintained an equal weight rating on Chevron, reflecting a balanced outlook on the company's prospects amidst its strategic shifts and market dynamics. This rating comes as Chevron navigates various challenges and opportunities in the energy sector, including its push into lithium and the broader EV market.
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