Replies to post #10144 on The Rising Influence of Rising Affluence

[DewDiligence]

CVX director bought $19M of stock on open market earlier this week:

http://online.barrons.com/articles/19m-chevron-insider-buy-is-biggest-in-years-1431724027
http://www.sec.gov/Archives/edgar/data/93410/000112760215017028/xslF345X03/form4.xml

The director is the CEO of WF.

[DewDiligence]

CVX -4% to 4-year low on 2Q15 results:

http://www.wsj.com/articles/chevrons-profit-plunges-on-impairments-1438347068

Chevron booked $1.96 billion in impairments and $670 million in charges related to project suspensions and adverse tax effects. Chevron said the charges stemmed from a downward revision of its long-term crude-oil price outlook. Those charges were partially offset by $1.8 billion in asset sales in the quarter.

2Q15 CC slides:
http://phx.corporate-ir.net/External.File?t=1&item=VHlwZT0yfFBhcmVudElEPTUxOTY2Mzl8Q2hpbGRJRD01ODkxMTA=