If Exxon Mobil (NYSE:XOM) had the wrong kind of earnings beat, it would seem that Chevron (NYSE:CVX) had the right sort of miss. More to the point, Chevron continues to operate one of the most profitable upstream
businesses among the oil majors, and the company has a rich pipeline of
growth projects to maintain higher production levels across the next
five years. Coupled with an undemanding valuation, Chevron looks like a
solid name to consider for broad international energy exposure.
Please read more here:
http://www.investopedia.com/stock-analysis/042613/good-profitability-and-relative-valuation-make-chevron-interesting-cvx-xom-cop-bp.aspx
No comments:
Post a Comment