Unlike ConocoPhillips (COP), which I more or less blasted a week ago, Chevron (CVX)
is a major oil company with a pretty interesting near-term profile.
Although growth in the first quarter was not exactly torrid, the outlook
here for production growth in the next three to five years
(particularly oil/liquids production) is one of the best among the
majors. Better still, this company has a clean balance sheet, solid
profitability, and a focus on production sources that other companies
tend to avoid.
Read the full article here:
Should Chevron Management Sweeten What Is Already A Solid Growth Story?
No comments:
Post a Comment