24 days ago • Posted by William Ramstein
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
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