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Thursday, December 3, 2020

Chevron Slashes Spending Plans -- CVX Jumps -- December 3, 2020

As an investor, how excited am I about 2021? Very. 

I have added an "Investors Page" to the top of the blog (far right). 

In addition, I have added "fossil fuel" to the top of that "Investors Page."

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

Chevron slashes spending.

CVX:

  • up about a percent in early trading; now up about 0.7%
  • pays almost 6%

Majors will do what they can to protect their dividends.

The majors tread water for four years. 

What happens after four years? Depends on whether we see the end of demand for oil. 

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