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Gold/Mining/Energy : Chevron
CVX 156.10+1.2%12:17 PM EDT

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To: sixty2nds who wrote (87)12/1/2023 8:04:24 PM
From: sixty2nds   of 119
 
The situation is very different from 3 years ago...

That is when I bought my CVX.
International exposure was not the issue is is today.

I did not like the price action in the drop in CVX share price from $185.
I initially thought it was the market thought it was a late cycle buy of Hess.
Exxon was not punished to any where were the same degree.

I changed my mind.
Last week I sold the CVX and moved 100% of the proceeds into VNOM.

I still like CVX A LOT.
I think the Dividend is ROCK solid.

I am not prepared to take the hit if K'stan and the ME heat up

I am much more comfortable in The Permian Basin with VNOM.

Cheers,
60
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