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Chevron Has Reliable Cash Flow At A Lofty Valuation
CVXChevron(CVX) Seeking Alpha·2024-08-15 21:42

mynewturtle/iStock Editorial via Getty Images Chevron Corporation (NYSE:CVX) is an expensive oil company with incredibly strong assets and hefty diversification in LNG. The company is committed to shareholder returns, but with slowing down growth and a lofty valuation. As a result, as we'll see throughout this article, we view the company as a hold at this time. Chevron Accomplishments Chevron is focused on continuing to drive shareholder returns. Chevron Investor Presentation The company returned $6 billio ...