Simpson likes $COP and $MPC ‘a little better' than Chevron after its Q1 earnings
Chevron(CVX) Invezz·2024-04-26 11:15
Chevron Corp (NYSE: CVX) is in focus this morning after coming in shy of revenue estimates for its fiscal first quarter. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Kevin Simpson shares his view on Chevron stockCopy link to sectionThe energy giant attributed the weakness to a lower margin at its refineries and natural gas prices that have tanked 35% since the start of 2024. On the plus side, Chevron saw an annualised growth of 16% to about $2.0 b ...