Kirk's Market Thoughts Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts

COHR 154.52

-3.0%

Nov 7 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robert b furman who wrote (15027)	12/28/2022 9:29:18 PM
From: Elroy	Read Replies (1) of 26443

CVX was lucky, past legacy leases had been fruitful and then with the technology of fracing they found not one but sometimestwo layers of shale below the legacy leases. It always pays to be lucky AND have very low cost crude. The stock price was basically flat from 2010 to 2021. If they were lucky with reserves and shale, why didn't the stock go up 150% during that time (or appreciate more than the market, at least)? In other words, is there really something different today in CVX than what existed from 12 years ago to 2 years ago? I really don't know the CVX story, but I've read they are the super US blue chip in E&P, so I was surprised to see their stock chart was so uninteresting.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next