The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor Dave Meier discuss topics across the investing world.

Chevron has benefited from higher oil prices over the past few years, and is well positioned to profit in the current environment. Dave and John consider the company's prospects over the next 5 years. The video concludes with Dave's recommendation on the stock.

Dave Meier has no positions in the stocks mentioned above. John Reeves has no positions in the stocks mentioned above. The Motley Fool owns shares of Devon Energy. Motley Fool newsletter services recommend Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.