Chevron: Strong Expansion Setup
Chevron ( CVX ) reported better-than-expected earnings for the third quarter last week due to strong execution in the important production segment. While Chevron has suffered a decrease in realized energy prices for its petroleum products in the September quarter, on a year-over-yearAnalyst’s Disclosure:I/we have a beneficial long position in the shares of CVX, XOM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving ...