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$57.83 -6.17 (-9.64%)
10/10/2008 4:03 PM

Chevron Corp (CVX)

CAPS Rating:
****

Provides administrative, financial, management and technology support to U.S. and foreign subsidiaries that engage in integrated petroleum operations, chemicals operations, mining operations, power generation and energy services.

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Avatar mfosterthomas (< 20) Submitted: 1/30/08 11:23 AM : Outperform Start Price: $80.53 CVX Score: 6.59

Oil isn’t going anywhere regardless of a coming recession or not. Demand will continue to rise while no BIG finds will be had. It will be several decades before we can even begin to think of the world’s energy needs not being met by oil.

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