Why Chevron's Stock Looks Attractive
Falling oil prices and dismal fourth-quarter performance have sent stock prices of energy giants down. Chevron (NYSE: CVX) was no exception. However, if you're too much focused on the short-term factors, you may miss the impressive long-term performance of the company. There are reasons to be optimistic about the company's future performance as well.
As expected for commodity-based companies, Chevron's revenues and net income growth isn't consistent over the years. Commodity prices and one-off charges impact the company's top and bottom lines. However, Chevron's operational metrics have shown consistent growth over the years.
Source Fool.com