Well the action up or down will start Thursday morning. .50 is the benchmark.Good earnings are expected unlike last year when no one was predicting. Let's say the squirrel gets a trifecta : good earnings good rev and a good conference call. If not we are looking at 9-10, I'm going out on a limb here and saying they beat and get good rev where will we be?? 13 ??
those NUMBERS ARE assuming oil stays down to the current level-- we don't know that.To put oil at any price here is dangerous but I;n betting oil is up in 2016.Why 250million cars here in the US have to move,Its not so easy to extrapolate the price.I know in Vegas now regular is selling for 2.59. Chevron's stock would take a severe hit by cutting and ruin a historic precedent .How long can the Saudis hold out? What will the consequences be if our shale produces go broke.? Are people driving more with lower fuel prices what about the new export rules on oil? One thing is certain time will tell there will be plenty of time to cut the dividend. Happy motoring!
The average renter pays 40% of his income on rent. While the economy is along way from recession it is slowly growing. The ,,millenialls will start buying and it looks because the bankers aren't financing the builders are;I live in vegas and I drove past a subdivision that said move in for 1000 down ( not KBH)Lennar just put up good numbers so I'm optimistic for the new year
WE have 250million registered vehicles in the US of A and they run on one thing. The book value of CVX is 82 and they are going to defend the dividend to the max. Upstream operations look pretty #$%$ bad, but the ga stations seemed packed and the extra 3 cent bonus they are giving to heir customers besides the 10cents is really helping sales. When is congress going to investigate low gas prices?? So tell me in December of 2016 what the price should be?
There are 250 million registered cars in the USA. That number is growing and it appears our rig count is dwindling but the supply is really great. Maybe Chevron should just buy oil for a while and stop drilling . Because downstream is sizzling.