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Chevron Corporation (CVX)
NYSE - Nasdaq Real Time Price. Currency in USD
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4,820 reactions on $CVX conversation
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Due to inefficiencies in the US oil refinery industry, pump prices for gasoline and diesel are so high right now, and "pricing as though crude was close to $200 per barrel." - Dan Dicker, Energy Word Founder, speaking to Yahoo Finance LIVE yesterday.
That was an eye-opener for me. I thought $110+ crude was the main driver of current pump prices.
$LPI $XOM $CVX $LPI $FANG $COP $CPE $MRO
Why would anyone, a few anyway, in the CVX comments be complaining about high oil and gas prices? Really? You probably belong somewhere else, like the Tesla site. This is the golden age for energy stocks, and as one who makes a living from the Bakken, this is a perfect storm. A lot of people want an "energy independent America", but most of those don't want to pay for it. Best of luck all.
Trading as a newbie is stressful and discouraging. I have watched so many videos and tried it on my own but the losses where massive
Hold CVX for the long run and collect the ever increasing dividend!
Can it break through $176? If yes, next stop $185
Oil price is like a helium balloon now. You can only hold it down so much.
Rising oil costs mean the average American household may pay almost $2,000 more for gasoline in 2022, Yardeni Research said in March.
“In addition, we estimate that the average household is currently spending at least $1,000 [according to a seasonally adjusted annual rate] more on food as a result of rapidly rising grocery prices,” wrote Edward Yardeni, the president of the firm, according to Fox Business. “That’s $3,000 less money that households have to spend on other consumer goods and services, which also are experiencing rapid price increases.”
CVX 185 soon.
We have an energy crisis on our hands and I’m in love with it. Not sure how they will ever catch up!!
$BTE $OXY $CPE $RIG $OIH $SU $XOM $CVX $EOG $CNQ $LPI $CLR $CDEV $CPG $ATH $CNQ $USO $VET $PBA $MUR $PVL $KRP $BCEI $ERF $TPL $CPK $OMP $EGY $USO $NRGU $CNQ
Anyone else read (
)? Just got a tip about CVX from them.
Chevron allowed continued operations in Venezuela but NO drilling!!! Gee wouldn't that help replace the lost 700000 barrels of oil lost due to Russian shipments? Thanks Biden and John Kerry you really help the American people at the gas pump
Chevrons 6 month chart looks just like AMZN. Well it does if you turn it upside down.
Can we survive 2.5 years of this Administration? Commuters epically.
Washington will start to relax restrictions placed on U.S.-based oil company Chevron with regards to its crude business in sanctioned Venezuela.
Venezuela holds the largest proven oil reserves in the world. A relaxing of sanctions could unleash another 400,000 bpd per day at a time when global crude oil consumers are scrambling for less expensive crude.
8:00 AM (PDT) Annual Meeting (virtual) finally starting now at 8:12.
PSX in dec 2019 was about the same share price as CVX, now PSX under $100 and CVX heading for $200. Plenty of upside here folks, hold your shares tight.
Artificial Stock PUMPING by FED
Inflation is Skyrocketing, but the US Government continues to PRINT Dollars and PUMP the US Stock Prices Artificially, while the Economy is Collapsing, Corporate revenues are tanking, the Valuations are Hyped at Max, the real resources are getting depleted.
The main problem is ABSURD OVERVALUATION! Nasdaq Composite and other Fraudulent US Stock indexes got PUMPED by 150-180% in the last 1.5 years ARTIFICIALLY via infinite margin trading desks! The US Stock PONZI SCHEME will NOT last long! Nasdaq Composite was at 4500 not long time ago, with better fundamentals, but now the US Government turned the stock market into a free and quick capital gains sources via infinite dollar printing!
The Solution: the world must reject the US Dollar as international reserve and trading currency!
Soon insanely Hyped US Stock prices will COLLAPSE BIG TIME! Expect a HEAVY CORRECTION!
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Exxon is rated top ten best in world for environment, social & governance (ESG). Invest in good ESG companies. CVX didn't make the cut.
How many times will we watch this BS narrative about having plenty of oil supply drive the price of WTI below $100? $125 is the landing point by mid Summer. Bank on it.
CVX hits ATH at $177.93!
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