Chevron Is Quietly Transforming Into a New Company
Shares of Chevron (NYSE: CVX) took a considerable hit when the company recently announced earnings. The loss came from production numbers that were lower than the prior quarter.
While Wall Street seems to be focused on this particular aspect of the earnings report, there is something else going on that may concern longer-term-minded investors. Here's a look at what the company has been up to and why investors will want to review their thesis in this stock.
Image source: Getty Images.
Source: Fool.com
Chevron Corp. Stock
€134.00
0.250%
With 26 Buy predictions and not a single Sell prediction Chevron Corp. is an absolute favorite of our community.
With a target price of 178 € there is a positive potential of 32.84% for Chevron Corp. compared to the current price of 134.0 €.
