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$95.79 -1.03 (-1.06%)
7/8/2008 4:01 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 sadiqpunjani (85.49) Submitted: 12/20/06 9:14 PM : Outperform Start Price: $70.65 CVX Score: 46.17

We know there will be demand for oil from everywehere including China and India. Recent discovery of the biggest oil supply in Gulf of Mexico since Alaska's Prudhoe Bay and that Chevron has 50% stake in that oil tells me that they will have lot of supply to turn into profits. We know there is demand, but now we know that Chevron has lot of supply.

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