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Chevron (CVX) is expected to stay the course on spending plans and production outlook at...

Chevron (CVX) is expected to stay the course on spending plans and production outlook at tomorrow's analyst day, reiterating output guidance at ~2.64B boe and a capital budget of ~$37B for 2013, Barclays says. The firm foresees average production growth of ~3.3% in the next five years. Analysts will be listening for CVX's longer-term plans for natural gas.
Comments (2)
  • hahaha48
    , contributor
    Comments (1034) | Send Message
    long $CVX in the last 25 years and is our highest % holding also for the last 10 years
    6 months ago more than 50% of our stock holdings are in CVX and we have cut it down to about 15%. Actually you should not have more than 10% in any one single company. Do as what I said. We hold so much CVX because my wife work there. The risk is an accident is always posible. Even thought CVX has very strong policy on safety. (All bonues has a big % tie to safety. Even a few days more lost due to any injury on the job will reduce the bonus for the whole group by 1%.
    11 Mar 2013, 04:54 PM Reply Like
  • IgnisFatuus
    , contributor
    Comments (2115) | Send Message
    When I worked at the nuclear power plant, safety culture was a driving force needless to say. One aspect was "number manhrs worked without a lost time accident".
    One year while visiting my son who was stationed at Ft. Bragg while assigned to the 82nd Airborne, we drove by their Head Quarters and outside was a big sign touting " Number of days since last death"...this kinda put things in perspective....
    11 Mar 2013, 07:41 PM Reply Like
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