CVX this week was the same price as about 2008. What a disaster. Nearly 14 years of no progress in the business. Management furiously spin their wheels chasing ways to goose the stock so their options pay off, but nothing has worked. The industry gets more negative publicity every day and more investors bail out of old school oil stocks.
27 replies (most recent on top)
I don't own any CVX, never have. There are simply much better investments out there.
Wow, "thousands". as others with actual investment savvy make literally 100's of $thousands and $millions in the same time frame. Yawn......
I can always predict Chevron stock movements, just not other stocks. I have made literally thousands of dollars correctly predicting which way the stock would go!
Hey righteous people. Wake up and open your Bible. If you are capable of learning and knowledge it would guide you to have compassion and respect for all of humanity and diversity just like Jesus. Oh wait. Does that challenge your political vitriol. Don't preach unless you practice. Black Lives Matter the same as yours and woman are created equal and have every right to have a fair go in the workplace. Want to know what this has to do with stock price. Everything.....
Yes wokeness is the future, but why wait for implementation here when you can move to South Africa and be an early pioneer of the future.
Yes, I can see the future too. I am a clairvoyant.
Yes it is possible to time the market with reference to understanding specific companies or industries. I myself put in a big buy of Chevron at $63/share about a year ago, knowing that valuation was simply wrong. I might also shift some bonds into stocks in near future if the market doubles today’s loss in the next few days. I only laughed at the guy who said he was not timing the market, who then explained how he times the market;-).
Chevron is the last stock I would trade as an employee, retiree or even general investor.
LMAO! , Yes. @1quw, just don't tell anyone about all of the gains that you have missed out on by not being long on much more successful growth stocks with that same amount. What a tired old tune.
yawn.......
This the LAYOFFS board. Not the Whiny OverPaid Executives Board. Nobody cares about your stock options. Go somewhere else to complain.
If they want the dividend to match pace with inflation (currently 5% and rising rapidly), it will be quite a struggle.
the disaster is management relentless need to increase dividend payout.
not sustainable and it will make daily business operations more capital constrained.
guess the move to the new performance appraisal/renumeration structure is to tone down bonus payout. not expecting better days in the years to come.
“Nobody’s talking about timing the market. But …. there comes a time when it’s wise to hop of the bus and take your profits, then get back on the bus when a stocks value has normalized” LMAO, you can’t make this stuff up!
Market timing works great, until it doesn't..... LMAO!
Anyone who's been invested for the last 30 years, which includes some of the greatest bull runs in history, and does NOT have a significant net worth amassed, is severely incompetent. Simple index funds most likely amassed far more than the market timers, BTW. Easy math. Try it sometimes.
I thought you were talking about timing sales and purchases of stock but apparently not. Just riding buses.
@7ovl+1bKFH0AR
Hey off-topic "wokeness freak", if you happen to have the intellectual capacity to acknowledge someone who's "deranged and angry" as you put it, please look in the mirror. Thanks.
@1wyr, Instead of parroting things you hear all the time, why don’t you start thinking things through clear. Nobody’s talking about timing the market. But I’m sure you’ve heard of and understand that a stock or investment can’t possibly go up forever, right? So, there comes a time when it’s wise to hop of the bus and take your profits, then get back on the bus when a stocks value has normalized. Investing wisely is not a buy it and forget it proposition either. Learn what influences the movement of a particular stock’s industry sector. Starting there will give you a better insight to when it’s prudent to stop holding a stock and when to invest in it once more. Take this little tip from someone who has been around the investing block for over 30 years and has amassed a significant net worth.
Hey anti-wokeness freaks - get over it. Respecting humans and dignity is what the Bible preaches but you deranged and angry people somehow justify something different ro because it challenges your political allegiances and bias. Get some intellectual curiosity and critical thinking. You are all driving the company and country backwards
yep. - no surprise- they sideline people with technical talent, who get stuff done and people like working for and replace them with fluffs. Just look at Midcon in last three years. What a joke. Company in real trouble with current leaders.
If you can predict the behavior of stocks you can be fabulously wealthy. But you are not.
OP, In the last 14 years CVX and most stocks that are traded on the NYSE have gone up and down countless times. The key to making money with all stocks, including CVX, is the rotate in and out of them at the right times. That’s how you make money investing in stocks. When I worked with Chevron for 30 years, I always traded in and out of CVX in my 501k, and never just bought and held. If that’s someone’s investing strategy, then those people only made money on the dividends, which was a poor decision.
"The industry gets more negative publicity every day and more investors bail out of old school oil stocks." right - meanwhile xom is up TWICE as much in the covid 'reopening' play in oil. rds & bp both beat 1q profit expectations, but cvx missed.
and, on queue - our leader says “let volume growth be an outcome, not a goal.” in other words, WE SCREWED IT UP AGAIN .... perfect timing for upcoming 2q earnings announcement.
no doubt he'll show his mug on cramer, bloomberg, barron's, cnn - as investors sell, sell, sell.
have a nice day.
Wow, it must be nice to be laid off and doin' nothing but talkin stock talk! This is the layoff board, isn't it?
CVX Option prices:
2013 - 116.45
2014 - 116.00
2015 - 103.71
2016 - 83.29
2017 - 117.24
2018 - 114.04
The Utility comment is valid. While no growth in price, a 4-5% dividend each year is greater than inflation. Good or bad depends on one's investment goals.
If BMO is correct and the stock reaches $123, all of these options are in the black.
Stock has been behaving like a historical (e.g. PG&E) utility type stock. Decent dividend but little capital growth.
The 2014 $116/share (strike price) stock options which expire in 2024 are probably not going to bring value to Exec. comp holders. First time I can recall options which never resulted in value for the Chevron plan. PS Must be that Executive Compensation at risk :)
Friends at Apple and Amazon are buying boats and planes with their options while ours are worthless. A raw deal for sure.
Not really a collapse more like there is never really a rise.
CVX stock sucks because it pays too much for its high up and the Wokeness of the day.