Key Points The Hess acquisition helps diversify Chevron's assets and lowers its overall breakeven cost. Chevron's downstream operations are a key part of its vertically integrated business model. 10 stocks we like better than Chevron › Investors in energy stocks, such as Chevron (NYSE: CVX), always need to keep a close eye on energy commodity prices. That's one significant reason why the stock is intriguing right now, as the share price has outperformed during a period of downward drift in oil pric ...