If a stock is down more than 25% year to date, that sounds pretty bad. But when that stock is in the oil industry, and its peers are down between 35% and 50% year to date, that sounds pretty good. It also sounds like integrated oil major Chevron (NYSE: CVX).
Chevron is the second-largest energy company in the world by market cap, surpassed only by its fellow U.S. oil juggernaut ExxonMobil (NYSE: XOM). But of the five oil majors, it's actually the smallest in terms of annual revenue. It has the least amount of debt among its peers, but also the second-lowest dividend yield. It's tough to know what to make of all these contradictions.
Let's take a closer look at Chevron to see whether it's a buy.
Source Fool.com