Most oil companies have been hit hard by low crude prices. The majors, however, have mitigated some of the impact due to diversified business lines and low costs of production. Still, Chevron (CVX) has underperformed its similarly sized peers such as Exxon (XOM), Royal Dutch Shell (RDS.A)(RDS.B), and BP (BP) over the past 12 months.
Unless you’re anticipating a big oil correction back to the likes of >$80, it’s tough to believe that Chevron is capable of growing overall shareholder value. Sure the company may skimp on future spending or sell of some assets to support the dividend, but investors will surely hurt overall. Management is currently setting up the business for a reversal in oil prices. If you’re invested in the company, you better expect the same.
Source: Guru Focus
Related Articles:
- 5 Lessons Learned About Investing In Dividend Growth Stocks
- 6 High-Yielding Mega-Cap Stocks
- Dividend Investors Should Focus On Stocks, Not The Market
- The Secret Ingredient of Dividend Growth Stocks
- Stocks Providing Positive Feedback With Increased Dividends
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Each of these high-yield dividend stocks has a dividend yield exceeding 6.5%. That’s is a very high dividend yield few stocks have. In addit...
-
I like high-yield dividend stocks that also have the ability to buy back their shares. These are called total yield dividend stocks. They of...
-
Because their financials must support a monthly dividend payment, the companies in this space are stable by nature — their operations are st...
-
As veteran traders will attest, though, nothing lasts forever. It might not be a bad idea to start adding exposure to the market's lagga...
-
While there are a number of factors responsible for pushing the stock market lower, the spread of COVID-19 looks to be the match that lit th...
-
Dividend payments are, by nature, a conservative strategy for companies to use, and as a rule of thumb the more conservative companies are l...
-
In a soaring market, a few percentages of dividends may not seem like much. Over the past few months, the Dow Jones Industrial Average, the ...
-
It operates in a great location. Florida has seen a material influx of residents in recent years as people look to move to a warmer climate ...
-
You shouldn’t be running from the market. Bags of coins don’t make a comfortable pillow. They don’t emit dividends. They will not expand lik...
-
So if the economy does putter out, what should you do with your money? You could do worse than bet on recession-proof dividend stocks. That ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.