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EnvestorFirst (41.71)

Speculation on Chevron Stock

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May 26, 2011 – Comments (2) | RELATED TICKERS: CVX

Speculation can be a great way to predict that future of a stock. There has been some speculation around Chevron’s stock due to the volatile state of the oil and gas industry. The Trefis Team put together a speculative report about Chevron, and where it may end up. 

 

 "Higher Profitability Compared to Downstream Activities Like Refining

Although the revenues attributed to crude oil and NGL production are less than downstream businesses like refined product sales, the profitability is much higher. We estimate that EBITDA margins for crude oil and NGL production were a little over 53% in 2010 compared to only 2.3% for refined product sales. [1]"

 

Read the entire article here:  http://blogs.forbes.com/greatspeculations/2011/05/17/chevron-good-till-104-on-good-ole-oil-and-gas/

2 Comments – Post Your Own

#1) On May 26, 2011 at 12:21 PM, miteycasey (35.10) wrote:

yep. finding oil is much bigger reward than refining it.

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#2) On May 26, 2011 at 5:30 PM, EnvestorFirst (41.71) wrote:

I must agree with you there.

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