weekend analyiss in the media suggest chance fior a oil deal for Iran is close to zero, now with US and Russia relation is such bad shape. This can further add fuel to oil price, on top of the uncertinaty of oil supply from Russia.
The biggest thing for Russia is their oil, in fact their total oil prodcution is only behind US and Suadia Ribia. To really hurt Russia, oil is the only thing to do somthing about it. Besides, even if oil is not targeted, a wonded Russia will take their eye balls of thier focus on oil. This bound to reduce Russia oil production over the short and medium term.
I think, if Russia goes into war in Ukrance, EU and the US may just be sttupid to do it.
Also, if this happens, the US will be in no position to life Iran restriction for sure.
Bothe these possibilities can increse oil p[rices next week.
this is what i am thinking. If the US and EU impose some kind of restirction on Rassian oil and gas, as what we did to Iran, oil suply can be reduced by a big margin, then we are talking about oil price at 140 possibly.
Record demand for heating oil and natural gas for the 1st quater will surprise everyone to the upside on the street.
CVX is now at yearly low. Buy low and sell high later!!! Expect 20-30% gain at least over coming year!
divident soon to be 4%. If this is not a strong buy, I do not what is.
Expect 20-30% gain pver coming year!
way, way over sold!!!!
Expect CVX to increse divident in a couple of months, then divi at more than 4%. PLus all thee mager projects are coming up on stream in less than 1 year.
Some on wall street are just simply blind. They will miss potential 20-40% gain if they do not buy here.
CVX market cap is less thaan half of XOM, so higher natural gas price shall bring about the same increse for share basis or market cap basis. 1st quater and 2nd quater EPS will have big positive surprises.
average N. Gas price for CVX US gas at just $3.2 average.
Just last week, Natural gas price has incresed by more than 20%, now standing at $6.2/per thousand cubic feet. This compares to $3.2 for last quater. Since inventory of natural gas nows is at 10 year low of $1.44 triilion, and this will reach leas than 1 tillion for the US before winter is over, record low. Another extreme cold is coming to the US nest week.
In fact, most people think, if total N. gas reached below 1 triillion, presure in the storage tanks will be too low for the gas to be pumped to markets around the country. the end result will be potential price increse on massive scale. As for CVX and XOM, this shall bring in boat load of extra profit for possibly next a few years to come. A big spike for the US natural gas price will possibly increse oversees N. gas price, which in turn further increse profits for CVX and XOM.
According to the quaterly reports, CVX US makes about 40% of XOM's natural gas production. However, XOMmarket cap is more than twice of CVX. So, the increse in natural gas price will have very similar effect to CVX and XOM, on a share count or market cap basis.
CVX has some masisve projects are comig on stream in the 2nd half of this year. effects for this year will be small. but increse can be higher than 5% next year!
Solid balance sheet, in fact best versus XOM, BP and RDS, and dividend will be incresed in a couple of months!!!!
just for capital gain. Plus, we have got dividend 4% a year over the coming year. Sold balance sheet just about 6 billin net debt, the strongest balance sheet of all the 4 super majors (xom, BP, RDS).
Stock now is tarding at p/e lower than 10. The stock is now at dividend of 3.6%. In 3 months, when CVX increse dividend by another 10%, we are looking at dividend yield at 4%.
Most importantly, CVX has 3 massive projects that are comign on streat over the coming year that will be producing close to 300,000 barrels of oil liquids!!!!
Grreat buy at this dirt cheap price!!!!