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

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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Comments (4)
  • chopchop0
    , contributor
    Comments (3641) | Send Message
     
    The 5- and 10-year charts tell a different story. CVX is the best of breed among the oil majors
    11 Jan 2013, 01:07 PM Reply Like
  • Phenom1
    , contributor
    Comments (343) | Send Message
     
    20 year chart shows clear favoring of XOM....mean reversion time?
    11 Jan 2013, 02:06 PM Reply Like
  • Blackjack1956
    , contributor
    Comment (1) | Send Message
     
    XOM has steadily built a much stronger base of assets that will outperform CVX for years to come.
    11 Jan 2013, 02:31 PM Reply Like
  • Phenom1
    , contributor
    Comments (343) | Send Message
     
    @Blackjack, can you say more about that?
    12 Jan 2013, 12:02 PM Reply Like
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