Replies to post #571 on Chevron Corp (CVX)

[Trader Al]

A plunge like this is definitely a good buying opportunity. Good luck with your purchase.

[Timothy Smith]

The firm says it has been concerned throughout the past year that CVX's cash burn would dilute equity value through peak spending at the same time that oil prices collapsed, but it no longer sees a risk, as CVX is discounting below strip prices but with a dividend.