Money and Finance
Well the markets continued their difficult start to the year by selling off again to end January. They started off really bad to start the day with the DJIA dropping over 200 points before clawing it's way back to just a 100 point loss and closing in the middle with a 149 point loss. Quite a hectic day in the markets. Well Chevron announced 4th quarter earnings and things were disappoint with a double miss on both earnings per share and revenue. Global oil and natural gas production declined 3.4% year over year. But the bright spot in an otherwise disappointing earnings announcement is that management is keeping their capex plans in place to continue to increase their production. Other big oil companies have slowed their capex due to weakness during 2013, but Chevron is staying the course which I like because their business is managing depleting resources while constantly having to seek out more reserves. You can only do that by spending money.
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- This Too Shall Pass: Investment In The Integrated Oil Majors
There's been plenty written already about the decline in oil prices over the last 9 months or so. The per barrel price of oil has declined from $98.70 in June 2014 to $51.77 as of Friday's close. That's a 47.5% decline from the peak last year....
- Dividend Update - January 2014
Well 2014 is now well under way with January already having come and left us. The markets started to be much more volatile with earnings season in full swing and the Federal Reserve announcing further tapering. I still don't know why tapering...
- Chevron Stock Analysis
As mentioned in my previous post, I'm going to try and have 1 stock analysis report for some popular dividend growth stocks come out prior to their latest earnings release this week. Today we'll look at Chevron Corporation (CVX). Chevron closed...
- Recent Buy - Chevron (cvx)
I recently picked up another 10 shares of the energy giant Chevron after their recent dividend increase announcement. In an effort to balance my monthly dividend totals I had been trying to choose a stock to purchase for the end of the quarter. I already...
- Recent Buy - Chevron (cvx)
Today I opened a position in Chevron. I purchased 10 shares at $121.47 giving my portfolio it's 20th position. Chevron has been under some selling pressure as it approached their 2nd quarter earnings and continued to drop after a disappointing 2nd...
Money and Finance
Another buy
Well the markets continued their difficult start to the year by selling off again to end January. They started off really bad to start the day with the DJIA dropping over 200 points before clawing it's way back to just a 100 point loss and closing in the middle with a 149 point loss. Quite a hectic day in the markets. Well Chevron announced 4th quarter earnings and things were disappoint with a double miss on both earnings per share and revenue. Global oil and natural gas production declined 3.4% year over year. But the bright spot in an otherwise disappointing earnings announcement is that management is keeping their capex plans in place to continue to increase their production. Other big oil companies have slowed their capex due to weakness during 2013, but Chevron is staying the course which I like because their business is managing depleting resources while constantly having to seek out more reserves. You can only do that by spending money.
Read more »
- This Too Shall Pass: Investment In The Integrated Oil Majors
There's been plenty written already about the decline in oil prices over the last 9 months or so. The per barrel price of oil has declined from $98.70 in June 2014 to $51.77 as of Friday's close. That's a 47.5% decline from the peak last year....
- Dividend Update - January 2014
Well 2014 is now well under way with January already having come and left us. The markets started to be much more volatile with earnings season in full swing and the Federal Reserve announcing further tapering. I still don't know why tapering...
- Chevron Stock Analysis
As mentioned in my previous post, I'm going to try and have 1 stock analysis report for some popular dividend growth stocks come out prior to their latest earnings release this week. Today we'll look at Chevron Corporation (CVX). Chevron closed...
- Recent Buy - Chevron (cvx)
I recently picked up another 10 shares of the energy giant Chevron after their recent dividend increase announcement. In an effort to balance my monthly dividend totals I had been trying to choose a stock to purchase for the end of the quarter. I already...
- Recent Buy - Chevron (cvx)
Today I opened a position in Chevron. I purchased 10 shares at $121.47 giving my portfolio it's 20th position. Chevron has been under some selling pressure as it approached their 2nd quarter earnings and continued to drop after a disappointing 2nd...