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DewDiligence

01/29/21 9:22 AM

#23422 RE: DewDiligence #23421

WSJ on CVX’s losing quarter—and year:

https://www.wsj.com/articles/chevron-posts-annual-loss-11611926827
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semi_infinite

01/29/21 12:34 PM

#23423 RE: DewDiligence #23421

Haven't had a chance to listen to CC. Not sure I will. If you listened, anything interesting? First impression that it is similarly (uniformly) bad like RDS ex-special items such as NBL acquisition and RDS continuous write down of FLNG white elephant. Expenses are cut to the bone. IMO both would be better served getting rid of exploration expenses.

Dividend increase? I guess that's part of the exit strategy.