Based on stock prices is CVX better than Shell, Exxon and BP?
20 replies (most recent on top)
Probably not much difference in the 4 oil majors. I think XOM is the stronger of the 4. Bp might have most potential for growth.
Shell? That's a good one, Shell is "Cuckold" in at least 12 different languages. Go look for the Shell Wives page online.
I believe the correct question is,... which stock continues to trade @ higher multiples of it's earnings and even now, carries a market value, per share, which is (approx.) 76% of it's highest (Jul 2014), even though WTI is less than half the going market price that it was, in July, 2014? What the employees think about the company,... well,... who really gives a rat's XXX?
When was the last time Chevron did anything innovative in the industry? When was Chevron ever the first to implement anything it's employees considered positive?
OP - In answer to your question: YES! Chevron stock is HUGELY superior to that of those other clown companies you mentioned! That said,... I have quite a few shares that I would be happy to sell you, just for today, because I need some quick cash, they can be yours for $130/share! And,, before someone tells you that's a ripoff, keep in mind,... just two short years ago CVX was at $134!!!! So it's like I'm letting mine go at a real bargain price! Better hurry, though! If this news gets out, you may get beat to the punch! Awaiting your reply,...
Huge layoffs starting in September and October
Dont even compare Chevron with Shell. Shell are innvovators Chevron bloody worthless copy cat.
Thanks, -rtu, I don't know much about Shell stock, just a quick lookup gave me those figures. I often question which one of those shares to buy., Like Goog or GoogL. The non-voting shares typically valued less, but tend to hang in there.
Chevron is not going to fail. Pension, Dividend and management is safe. Employees are not safe. Existing employees compensated with stock option should count on stock ranging between 95 and 105 for next 7 years. A lot of stock options awarded will expire worthless and new awards not likely to grow much in value. More downside risk to stock price
Wait a minute, apl. I met my wife in a bar at 1:30am before it was about to close. Are you insinuating I could have done better by going back next night around 9:30pm?
Chevron is a market darling in this bad market just like a fat chick becomes hot at 1:30 and the bar closes at 2. But in both cases when things improve and better opportunities come along, the attention will go elsewhere.
Yes! For sure. Buy a lot more shares, preferably before I retire.
You would want to own RDS-B, not A. BP stock is in the 30's and also pays a dividend similar to Shell. Oil is a commodity and all the oil and service companies will rise and fall on the price of crude oil. The big majors all have debt and performance issues. There are vast amounts of identified and recoverable oil in the world. National governments and oil companies are not going to just sit on it if any available profit can be made. So, the more that is extrated, the more the price goes down which means even more has to be pumped. The marginal profit per barrel decreases until additiona drilling stops. All current producing wells will continue to produce. There are record levels of oil in storage. It could easily take 3-5 years for demand to catch up. All major oil companies have more short term downside than upside, so I would only own based on dividend yield, but even maintaining that is questionable.
@cgr - Don't be obtuse. It is entirely conceivable to not give a crap about a company, but at the same time hope it doesn't fail. I understand perfectly what the other poster meant by that. I was laid off from Chevron and I don't care about it anymore. But I am drawing a pension annuity from Chevron, so I certainly don't want it to fail.
- 1 to -wpm. The price of a share has very little to do with the performance or value of a company. Look at it as how many small pieces that they decided to cut the pie into. Do you actually think that Shell (RDS.A, trading at ~$50) is worth Half that of Chevron? Look at it this way, you would own ~2 shares of Shell with the same amount of investment. And you would get a 7.43% dividend yield.
-pna, You stated that you hope that Chevron doesn't fail as a company and also that you don't give a crap about it. When you decide which one it's gonna be let us know.
I wish nothing but success and happiness to all of my former Chevron coworkers. I hold no regrets, and worked for 3 majors and enjoyed all of them and the many friends I made along the way and consider the benefits/arrangement at Chevron to be one of the best in the industry. You would know and appreciate it if you had been around the block a few times.
I really don't a crap about Chevron since I left, but I hope it doesn't fail as a company, because I am drawing my pension as an annuity. If Chevron fails, my annuity is protected by the PBGC, but that is a government agency. I don't have complete faith in any government agency. This one could easily go the way of FEMA, still here today, but in financial trouble itself.
The problem is that we judge companies by their stock performance instead of what they actually do. So you get people who know nothing about science, engineering or technology running energy companies, and running them into the ground. But those finance jockeys will get theirs and don't really care about anything else. Too big to fail, huh?
If CVX had a 5 for 1 stock split the stock price would drop to the low 20's. Would that then make CVX worse than XOM, RDS or BP "based on stock price" ?
Even if you lost your job, as I did, you should still be interested in CVX stock performance as I suspect you have some in your 401k and will need to make decisions whether to keep or sell. I'm going to keep for now as I think there is upside, and probably more so than Exxon or shell. Of course I could be wrong too !
Who cares, especially for all of us here who have lost their jobs?