All Posts Tagged With: "CVX"
China and Iraq Finalize Oil Contract As Oil Majors Waver
China and Iraq will sign a deal next week to develop the Ahdab oil field, 100 miles southeast of Baghdad. The move comes at time when political gridlock and security concerns have cast doubt over several pending short-term contracts, says Jason Simpkins in Money Morning.
Buy, Sell or Hold: Valero Energy Corp.
Valero Energy Corp. (NYSE: VLO), the largest independent refiner in the U.S. market, is a well-known and avidly traded name. Despite being a member of the super hot energy sector, Valero has seen its stock price collapse from its 52-week high of $75.75 to Friday’s close at $34.72 (a 54% decline).
Major U.S. Oil Supplier, Nigeria In Trouble
You certainly know that energy prices have gone up this year. In particular, the price of oil has risen. And energy price increases have played havoc with Western economies.
Although Federal Reserve Policymakers Are Set to Meet, They Have Little Room to Maneuver
U.S. Federal Reserve Chairman Ben S. Bernanke and his fellow central bank policymakers will be back in the spotlight this week as the group convenes for its monthly monetary-policy meeting.
How High Prices Are Turning Big Oil Into a Bit-Part Player
Big Media are ignoring the real problems in the oil market, says energy expert Dave Gonigam in The Daily Reckoning.
Second Quarter GDP Release Set to Confirm or Deny U.S. Recessionary Fears
A hectic week on the economic calendar is highlighted by the initial look at second quarter gross domestic product (GDP). Remember, a recession is defined as two consecutive quarters of negative growth, so doomsayers have targeted this week’s release as confirmation of their pessimism.
Buy, Sell or Hold: Ford Motor Co.
Volkswagen AG (PINK: VLKAF), PSA Peugeot Citroen SA (OTC ADR: PEUGY), and Fiat SPA (OTC ADR: FIATY) beat earnings estimates in the last week. At the same time, however, Ford Motor Co. (F), one of the largest industrial companies in America, missed earnings estimates. By a lot.
Chevron Says Hurricane Dolly Evacuation Won’t Affect Company’s Gulf Oil Production
Chevron Corp. (CVX) - the No. 2 U.S. oil company and the most-recent topic of Money Morning’s new “Buy, Sell or Hold” feature - said that a hurricane-induced evacuation of its personnel from the Gulf of Mexico should not hamper production.
Buy, Sell or Hold: Chevron Corp.
Chevron Corp. (CVX), the second-largest U.S. oil company, has recently experienced a decimation of its share price: The stock has dropped nearly 20% from its 52-week high of nearly $105 to Friday’s close of $86.05.
The Dumbest Tax Policy You Could Possibly Support
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