Oil Industry Valuation One of the Lowest Levels in 50 Years – ValueWalk Premium
Oil

Oil Industry Valuation One of the Lowest Levels in 50 Years

The behemoths of the oil industry, Exxon Mobil Corporation (NYSE:XOM), Chevron Corporation (NYSE:CVX), Total SA (ADR) (NYSE:TOT) and Royal Dutch Shell plc (ADR) (NYSE:RDS.A) (NYSE:RDS.B) all recently reported a pretty dire second quarter. Profits and operating cash flows fell across the board to such an extent, that one analyst was prompted to ask Chevron Corporation (NYSE:CVX)'s management on the conference . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0