Seeking Alpha
  • Ocean Man
    People who buy $CVX think they're buying an oil company. Put it on a 2-year chart with $SPY and see what you're really buying.
    6/4/13
    Reply (10)
    • Ocean Man: Even funnier is a 2-year chart of $SPY vs. $XOM. Exactly in tandem for the first 17 months, then SPY says see ya later.
      6/4/13
    • Chines33: Yep $XOM has been stock in the mud here for a long time.
      6/4/13
    • Clayton Rulli: CVX's div payout ratio is super low- too bad div not raised more. Some people like their huge LNG projects, like Gorgon
      6/4/13
    • jumpnjoey77: Compare the 5 year $SPY vs $COP. Ouch.
      6/5/13
    • Ocean Man: $COP split off $PSX in April of 2012, so you'd have to adjust for that.
      6/5/13
    • jumpnjoey77: I did.
      6/5/13
    • wigit5: If you held the split shares your return is much better then spy i think no?
      6/5/13
    • wigit5: It isn't so surprising when you think about how much affect oil has on the market as a whole.
      6/5/13
    • jumpnjoey77: Well you did receive PSX shares.
      6/5/13
    • pdupasquier: put it on a 10 yr
      6/17/13