Chevron (NYSE:CVX) is set to report earnings this coming Friday. Chevron "engages in petroleum, chemicals, and power and energy operations worldwide." We think Chevron is part of a host of reliable dividend paying oil stocks that are depressed due to the price of the underlying commodity. Chevron has a great balance sheet, will be around for many years to come, and will ultimately recover when the price of oil inevitably moves back up. Chevron has been part of the major oil stocks' push downward as a result of the price of crude oil falling significantly over the last 12 month period. Here is a chart that shows crude's OIL ETF under pressure, bringing major oil names lower with it, over the course of the last 12 months. Read more