CNBC Investing Club

We're starting a new position in this energy giant

Journalists are reflected in the sunglasses of drilling site manager Greg Murphy during a media day at Chevron's site in Pungesti, Romania, April 8, 2014.
Bogdan Cristel | Reuters

(This article was sent first to members of the CNBC Investing Club with Jim Cramer. To get the real-time updates in your inbox, subscribe here.)

After you receive this note, we will be initiating a position in Chevron (CVX), buying 350 shares at roughly $114.56. Following the trade, Chevron will represent roughly 1% of the Charitable Trust.