Post #1 by WEBspired on the Chevron Corporation board

Stocks A to Z / Stocks C / Chevron Corporation (CVX)

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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: https://stocks.apple.com/AfTxpG-CzS3u1TbyIOSwApQ

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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