Chevron doesn't have what it takes to ride the oil wave higher
The energy sector has been a wild ride in recent years as
we’ve seen some pretty big price swings in commodity prices. We’ve gone from
boom times to buts, only to start booming once again. In that volatility, many
investors have found comfort in some of the largest energy firms out there. And
you can’t get much bigger than top-performer Chevron Corporation (NYSE:CVX).
As one of the largest energy firms in the world, Chevron
features a multitude of assets across the up-, mid- and downstream sectors of
the energy industry. The integrated nature and huge size of CVX asset portfolio
allow it to perform well in all sorts of oil and natural gas price
environments.
That’s exactly what you want in a period of volatile oil
prices. So, the attraction to Chevron stock is certainly warranted.
However, Chevron isn’t without its faults. Some of those
blemishes are pretty bad and could seriously derail Chevron stock if things
don’t exactly go the integrated giant’s way.
The question is whether or not, those positives outweigh the
negatives. With that, let’s take a look at Chevron and run through the pros and
cons
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