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

To: Paul Senior who wrote (35489)	12/6/2009 7:18:14 PM
From: E_K_S	Respond to of 78774

Hi Paul - You are right about CVX having some big finds and big projects. It looks like CVX is selling a small percentage of their Australian Wheatstone field interest and a small percentage of their onshore natural-gas processing facilities banking the proceeds and gaining a 20 year partner. Chevron signs liquefied-gas deal with Tokyo Electric marketwatch.com Chevron Corp. said Saturday that its Australian subsidiary has made a deal with the Tokyo Electric Power Co. to deliver 4.1 million tons of liquefied natural gas per year, for up to 20 years, from the Wheatstone field in northwestern Australia. ================================================================= Analysts have pegged their forward PE at 10 which still seems like a good value. I would like to see the company raise their dividend but it is still pretty attractive yielding 3.5%. EKS