Better Energy Stock: Chevron vs. ExxonMobil
If you are looking at ExxonMobil (NYSE: XOM) you are probably also considering (NYSE: CVX). And if you are considering Chevron you are also probably looking at ExxonMobil. That's because, in some ways, the two stocks can be viewed as interchangeable. But there are differences, especially right now. Here's why you might want to buy one of these integrated energy giants over the other.
From a big picture perspective, Exxon and Chevron are direct competitors. They both operate using the integrated energy model, which means they have exposure to the entire energy value chain. So they produce oil and natural gas, transport these fuels over pipelines, and process the commodities in their chemical and refining plants. Both also have large networks of gas stations that they supply.
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Source Fool.com
Chevron Corp. Stock
The stock is one of the favorites of our community with 36 Buy predictions and 2 Sell predictions.
As a result the target price of 162 € shows a positive potential of 26.8% compared to the current price of 127.76 € for Chevron Corp..
