Wednesday, April 23, 2014
Chevron Corporation: Oil Major on the Cheap
n a market constantly claimed to be overvalued, the major oil exploration and production firms provide attractive valuations. Not only are global energy prices at highs, with Brent crude hovering near $110, but several catalysts also exist to keep prices high going forward.
Chevron (NYSE: CVX ) is a prime example of a strong E&P firm with a solid dividend and numerous large-scale projects ready to usher in growth.
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