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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks C / Chevron Corporation (CVX)
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Author: WEBspired ✭  😊 😞
Number: of 8 
Subject: Chevron announcement
Date: 02/04/23 10:31 AM
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ExxonMobil, Chevron's big cash shows cheap gas isn't coming back
Big Oil companies led by ExxonMobil and Chevron are paying shareholders bigger buybacks and dividends, evidence their outlook on oil prices is confident.

Read in CNBC: stocks.apple.com: ExxonMobil, Chevron's big cash shows cheap gas isn’t coming back

I own via Berkshire but also just initiated a position and I love what the CEO Wirth said and how they are treating shareholder wrt 75B in buybacks and a 6% divi raise. He gave a well rehearsed and rational response to the predictable White House demagoguery. Off 11% from recent highs and similar price to last March with subsequent real added value. Will buy more with dips as supply/ demand picture seems to be favorable for quite some time.
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