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DewDiligence

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DewDiligence

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Re: DewDiligence post# 4148

Wednesday, 04/11/2012 10:12:09 AM

Wednesday, April 11, 2012 10:12:09 AM

Post# of 30493
CVX forecasts higher 1Q12 profits relative to 4Q11 despite a slight drop in production:

http://www.reuters.com/article/2012/04/10/chevron-idUSL3E8FA56D20120410
http://www.sec.gov/Archives/edgar/data/93410/000119312512157329/d333805dex991.htm

CVX’s interim forecasts are based on the first two months of a given quarter (Jan and Feb in this instance). CVX reports actual 1Q12 results on 4/27/12.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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