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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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gfire77 (72.89) Submitted: 1/24/07 3:29 PM : Start Price: $68.76 CVX Score: 45.04
Chevron is the more aggressive in terms of exploration of the big majors (Exxon, Conoco). I like the CEO's constant assertion that this is a new world as far as oil goes. Chevron is generating a ton of cash and oil will continue to be scare and expensive in the years to come.
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Gotog (< 20) Submitted: 3/24/07 8:19 PM
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"I like the CEO's constant assertion that this is a new world as far as oil goes."It always makes me nervous when somebody that should know better starts saying that it's different this time, or there's a new paradigm, or it's a new world. Other than that I agree with you.KenLong on CVX at least for now.
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