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Chevron (CVX +1.2%) bucks today's downtrend in energy stocks after its healthy interim update,...

  • Friday, January 11, 12:47 PM ET
    Chevron (CVX +1.2%) bucks today's downtrend in energy stocks after its healthy interim update, which bodes well for upcoming earnings from ExxonMobil (XOM +0.2%) and other big oil peers. “All these companies are subject to the same general price realizations and market pressures, so they tend to move in the same general direction over time," an analyst says.
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This news story has 4 comments:

  •  
    The 5- and 10-year charts tell a different story. CVX is the best of breed among the oil majors
    11 Jan, 01:07 PM Reply Like
  •  
    20 year chart shows clear favoring of XOM....mean reversion time?
    11 Jan, 02:06 PM Reply Like
  •  
    XOM has steadily built a much stronger base of assets that will outperform CVX for years to come.
    11 Jan, 02:31 PM Reply Like
  •  
    @Blackjack, can you say more about that?
    12 Jan, 12:02 PM Reply Like
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