|Bid||117.81 x 500|
|Ask||118.17 x 500|
|Day's Range||117.02 - 118.33|
|52 Week Range||97.79 - 119.00|
|PE Ratio (TTM)||38.26|
|Dividend & Yield||4.32 (3.71%)|
|1y Target Est||N/A|
Oil giant Chevron will invest around $4 billion next year to ramp up its crude production in the Permian Basin area of the United States. Conway Gittens reports.
Chevron, BP, and France's Total are nearing their buy points as Brent crude hit a two-year high Monday.
Chevron plans to invest $4 billion to more than double its output from that red-hot oil play.