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mny_game 1 post  |  Last Activity: Jun 19, 2015 11:27 AM Member since: Aug 12, 1999
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    Is CVX dividend payout sustainable?

    by mineetac Jun 15, 2015 5:49 AM
    mny_game mny_game Jun 19, 2015 11:27 AM Flag

    This is quite funny, Chevron has spent 50 billion on Grogon/Wheatstone in the last decade out of cash flows - for Chevron to raise its debt level for the next few years is nothing compared to the cash flow these project are going to bring in. If a company borrowed to build a new plant, there would be no questions, but to build a new field everyone has concerns - people who invest in a company/industry should understand that industry before investing

    Sentiment: Strong Buy

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