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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: gcrispin who wrote (23528)3/11/2006 1:31:59 AM
From: Spekulatius  Respond to of 79293
 
re CVX - about 35% of CVX earnings come from NA and a good deal of that is oil upstream rather than gas. If lower gas prices hurt CVX imagine what earnings for the NA gassy E&P's will look like. 1.5$ earnings/quarter would be a 20%+ reduction from the last quarter, which I hardly can see for CVX just through lower NA NGAS prices alone, given CVX's diversity.