105 days ago • Posted by William Ramstein

Chevron records loss of $5.5 billion, its worse performance in three decades

Chevron  could be avoiding the scrutiny Exxon  is seeing because of stronger fundamentals and can offer dividends more sustainably than Exxon. Chevron is also catching up to Exxon in production narrowing the gap after acquiring Noble Energy. Chevron trades at 33X forward 12 month earnings, slightly in front of Exxon. Source: WSJ