Chevron Corp
CVX: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$428.00 | Nzntvzx | Cmlqbtghj |
Chevron's Strategy Set to Deliver for Shareholders Regardless of Hess Deal
Business Strategy and Outlook
We expect Chevron to deliver higher returns and margin expansion thanks to an oil-leveraged portfolio as well as the next phase of growth, which is focused on developing its large, advantaged Permian Basin position.