Credit Sights analysts Ben Morgan and Charles Johnston noted in a report that if the U.S. government were to take over Venezuela’s oil industry, U.S. energy giant Chevron could emerge as the biggest beneficiary. Following the U.S. arrest of the Venezuelan president last weekend, the U.S. government indicated it would strengthen its control over the country’s oil. The analysts stated, “Chevron is the only U.S. energy company operating in Venezuela, and the company has retained its operating license through 2025.” Although the company is expected to benefit from its Venezuelan operations, Credit Sights analysts also noted that Chevron’s management has publicly expressed a “preference for investing in other regions,” such as Guyana.