Chevron (CVX) is down over 10% and bouncing around just above $53.00.
18 replies (most recent on top)
I know of plenty of people over the years who took the lump sum and have nothing left of it and wished that they had taken an annuity. I also know many more who have taken the annuity than the lump sum. All of them are completely happy, satisfied, financially solvent and have no regrets. That's called being old, experienced and possessing wisdom. Maybe one day you will grow up too, son and will take a deadly virus that k–ls and destroys other people's lives financially more seriously.
Chevron and other stocks have been a great buy lately. I heard about someone who took the annuity but doubted they really exist! My condolences.
If you hold too much Chevron stock, you made more than just a typo. You made a huge mistake.
chevron’s highest price was not 165 unless you made a typo
The Fed is buying up the DOW 30, hence the rally today. All other indications show depression. India is full lockdown, that is 1,3 billion people. The 10 yr yield is still below 1%. Don’t buy into it.
Stock surged today!!! One of our largest one day gains ever.
Given the current situation why are we paying expat families huge salaries school fees free housing huge uplifts airline tickets etc. When times were good it made sense but as a company we need to rethink our priorities
If Saudis flood the market for 3 months then cvx will go lower to high 40’s. If they continue for 6 - 14 months w no end in sight then xom and cvx will cut there dividend then cvx will be in low 40’s or higher 30’s. If Saudi’s reduce production then cvx will go up to 60’s-70’s until Virus is gone. This is based on many years of intense research.....
Massive inflation starting 2021. Fasten your seat belt.
Yep, i sold out at $165 and have $20 million in my 401k and i have worked with chevron only 15 years............... What do you think of that my braggart BS’ing friend.......
Folks awake up. The federal reserve is pumping out dollars all over the world to the tune of $1T per day. They are flooded the world with dollars literally buying the world. With an enormous amount of money flowing and world production halting the next thing we will see is hyperinflation and the death of the dollar. Congress has been awarded $4T to give to select companies they are going to bailout but they aren’t going to tell you what companies are being selected. The companies that are not selected will be squashed. So the end result the entire world will be dependent on the Fed.
Just as well I cashed in the lot at $122 back in November ha ha
You are trash if you are an ordinary employee. This is the truth.
Why is oil up today?
severance package out the window to preserve cash?
There is no driver for CVX stock to gain. Every barrel is loosing more than $30 today. The future demand/supply is also not supporting. We are going to see decline in the stock price in short term. Nobody can predict long term.
All part of the plan
A total of 8 states have now issued stay at home directives. This has an immediate effect to lower gasoline and diesel usage. More states will join this debatable decision to destroy their economies in order to prevent the continued spread of coronavirus.