Seeking Alpha

Chevron (CVX -0.2%) hovers around breakeven and most energy stocks are positive despite CVX's...

Chevron (CVX -0.2%) hovers around breakeven and most energy stocks are positive despite CVX's warning that lower oil and gas production would hurt Q2 earnings. Wall Street analysts barely notice; UBS even raises its Q2 EPS estimates. CVX won’t report full results until next month, but its interim update is watched as a bellwether for other big oil names like Exxon (XOM +0.4%) and ConocoPhillips (COP +0.7%).
Comments (2)
  • Make note -- CVX to the woodshead after the party.
    11 Jul 2013, 05:13 PM Reply Like
  • On another note, I hope someone can explain a situation to me. I own APU, Amerigas, an MLP. It purchased Heritage Co. which owns Energy Transfer Partners, another MLP. Recently, Energy Transfer
    Partners sold several million shares of APU. What is this all about??
    Many thanks.
    11 Jul 2013, 11:38 PM Reply Like
DJIA (DIA) S&P 500 (SPY)