Chevron (NYSE: CVX) Archives - Market Mad House

daniel December 16, 2019December 16, 2019 Chevron (NYSE: CVX), Chevron could tap the Chinese Market, HyperloopTT is Part of the New Silk Road, Is Chevron a Value Investment?, Is Chevron Losing Money?, Is Chevron Making Money?, Road and Belt Initiative, The Chevron Corporation (NYSE: CVX), The Incredibly Shrinking Revenue, What Value Does Chevron Have?

Is Chevron Losing Money?

The asset write down comes at a bad time because Chevron is making less money. For instance, Chevron’s gross profit fell from $16.968 billion on 30 June 2019 to $15.175 billion on 30 September 2019.

Market Insanity

daniel February 16, 2018 Can Chevron Survive?, cheaper robotic drilling equipment, Chevron (NYSE: CVX), How Much Cash Does Chevron Have?, How OPEC is Driving US Oil Production and creating a new Oil Glut, robot roughnecks, So far Chevron has managed to thrive in the oil glut era, the oil glut era, the Oil Gut, Watch out investors oil is becoming just another commodity, Will the Oil Gut Kill Chevron and other oil companies?

Will the Oil Gut Kill Chevron and other oil companies?

The danger to companies like Chevron is that oil is slowly becoming a bulk commodity with a low value. Companies will still make money in the oil business but profits will be far lower because prices will be low.

Instead, oil producers like Chevron will be more like miners such as Rio Tinto Plc (NYSE: RIO) with lower share prices and less cash. RIO was trading at $57.82 a share on 14 February 2018 while CVX was trading at $112.14 a share.

The Death Spiral

daniel August 24, 2017 13 Huge Threats to Oil Companies’ Future, 13 Threats to Oil Companies, Anadarko Petroleum (NYSE: APC), ban the sale of internal combustion engine vehicles, Changing lifestyles, Chevron (NYSE: CVX), cold fusion, Electric Cars, Electric trucks, Fear of oil dependence, hot fusion, Major oil producers, oil is going away, U.S. Oil Production.

13 Threats to Oil Companies

Expect to see a vast amount of consolidation and centralization in oil in the near future. This means that a lot less money will be made and many investors will abandon oil stocks completely in the years ahead.

Opportunities

daniel July 14, 2017 143 electric vehicles are scheduled to hit the roads by 2022., Aramco, Chevron (NYSE: CVX), Electric Cars Still a Problem, Elon Musk and oil companies, ExxonMobil (NYSE: XOM, Is a Major Oil Shortage just Five Years Away?, Is it a Good Time to Invest in Oil Stocks?, Oil Stocks are overpriced, Saudi Aramco has Good News for Elon Musk and Oil Companies, Tesla Motors (NASDAQ: TSLA

Saudi Aramco has Good News for Elon Musk and Oil Companies

A long term threat to oil companies is electric cars. They’re coming fast and not just from Tesla, Seeking Alpha contributor Anton Wahlman calculated that 143 electric vehicles are scheduled to hit the roads by 2022.

The big year for electrics will be 2022 when 115 electric models are scheduled for rollout. Although there might not be market for those vehicles the biggest electric producer; Tesla Motors (NASDAQ: TSLA) has yet to sell 100,000 cars although that might happen this year.

Opportunities

daniel March 2, 2017March 2, 2017 Are Exxon Mobil and Saudi Arabia doomed?, Can Exxon-Mobil Survive the Oil Glut?, Chevron (NYSE: CVX), Exxon-Mobil Dividend, Exxon-Mobil is Making More Money, Exxon-Mobil’s (NYSE: XOM) ability to survive, Exxon’s net income fell by $1.1 billion, Exxon’s Uncertain Future, Is Exxon-Mobil’s Business Sustainable?, Saudi Aramco

Exxon’s Uncertain Future

All this should prompt us to ask the question: is Exxon-Mobil’s business sustainable? Can any company even Exxon survive such massive losses in revenue and net income.

There is no good answer here because we have never seen a company take such losses and survive. Nor have we seen a company suffering such losses keep rewarding shareholders so generously.

Market Insanity

daniel January 17, 2017 Asian currencies, Australian real estate, Barrick Gold (NYSE: ABX), Chevron (NYSE: CVX), Chinese stocks, Department store stocks., Euro, European currencie, Gold, gold futures, gold investors, gold-based ETFs, Gold-mining stocks, Goldcorp (NYSE: GG), Investments to Dump, JC Penney (NYSE: JCP), the yuan lost 6.6% of its value

Investments to Dump in 2017

Gold, gold futures and gold-based ETFs. The precious metal went on a roller-coaster ride in 2016 rising to a high of $1,366.54 an ounce on July 7, but falling to a low of $1,128.90 on December 20, 2016. That is likely to be reported in 2017 with many investors taking big losses. Sinking currency prices in India and China are likely to drive gold prices by reducing the buying power of gold investors in major markets.

Long Ideas

daniel June 26, 2016 30 new electric models, Apache Corporation (NYSE: APA), Big Oil’s Bleak Future, Chevron (NYSE: CVX), Electric Cars, electric vehicles, Elon Musk, end of the age of oil, Exxon-Mobile (NYSE: XOM), Ford (NYSE: F), How Hyperloop Threatens Oil, Hyperloop, Hyperloop and Big Oil’s Bleak Future, Hyperloop and electric cars, Hyperloop One, Occidental Petroleum (NYSE: OXY), plans to make all new cars electric, Saudi Aramco, Shervin Pishevar, Tesla Motors (NASDAQ: TSLA, The Auto Industry is moving beyond Oil, The Dismal State of Oil, Volkswagen (OTC: VLKAF)

Will Hyperloop and Electric Cars mean the End of the Line for Oil?

The oil industry will survive the coming of Hyperloop and electric cars; but it will look nothing like the one we have known. Instead it will be smaller and only a few companies in it will make money. Smart investors will stay out of oil for the foreseeable future, unless they are looking for something to short.

The Death Spiral

daniel November 30, 2015March 28, 2016 Big Oil’s Business Model Is No Longer Working, Chevron (NYSE: CVX), Could a Major Oil Company Collapse?, ExxonMobil (NYSE: XOM, ExxonMobil Is No Longer a Widows and Orphans Stock, Is Big Oil Still Making Money?, Negative Income Could Be Two Years Away at ExxonMobil, Why Buffett Dumped ExxonMobil, You Won’t Believe How Much Revenue ExxonMobil Has Lost

Could a Major Oil Company Collapse?

Just four or five years ago the collapse of a major oil company was a concept for the realm of science fiction. Today such an occurrence is well within the realm of possibility because of the falling price of oil.