By the end of the year, near 60. By this time next year 80. Giddy up. Happy days will be here again.
22 replies (most recent on top)
@9zav, Chevron owns it. Call them "Racists" by your own definition. Everyone with an interest in Chevron will see little positive things coming out of BOD because of the addition of these two members. Sign of the times. On the next shareholder proxy voting for BOD, I'm voting against John Watson and these two new and useless members.
" I'm not being a racist"... Obviously you are, since you only judgement criteria is color (and sεx): other than that you know nothing about it. If you are, then own it...that at least better than being a lying hypocriye.
-8hub, I tend to agree more with the observation the poster made of it being akin to affirmative action. Two women and both of them being black too? Please, it smacks of a two-for-one setup to me, therefore more liberal leanings on the part of Chevron. I'm not being a racist, but a realist. If this behavior is exhibited any further, I tend to see the company going down to tubes.
--8saf: so your for quotas, and not for hiring the most qualified. I two people, who happen to be black, are the best for their respective jobs but I guess you would argue only one should be hired? The problem with you comments is you know nothing about either woman, and assume they are affirmative action hires. This might be totally wrong, and thus your assumptions are racist. It is one thing to know facts (x or y not qualified for the job because...), but another to make assumptions about others based only on their sεx or color of their skin.
Black gold is loosing its luster again. It's looking more like Black goop today. Down again just like CVX and it will go down even more between now and next spring.
@7fds, Not just one black women admitted to the Board of Directors, but TWO? What does that tell you, is it not obvious? In your face Multiculturalism, Affirmative Action, White Guilt... that's what.
This fvcking company is going down, down, down!
Not today, unfortunately. Maybe better next week............
So what disqualified Dr. Dambisa Moyo and Dr. Wanda M. Austin In your book from Chevron’s Board of Directors. Just assume Black Women can't possibly be I guess?
Right on. The PC and MC (multiculturalism) and sεxual orientation/identify politics are completely out of control at Chevron. Please look at the company website. Chevron places a much higher importance on this liberal crap than it does on actually being an oil&gas exploration and production company. Soon, all the old timers will be gone and the brain dead and brain washed millenial types will be the decision makers. Again, check Chevron website and compare it to BP, Shell, ExxonMobil, Apache, Occidental, Anadarko and others.
Not only is oil going lower and lower, so is the makeup of our BOD. Dr. Dambisa Moyo and Dr. Wanda M. Austin were elected to Chevron’s Board of Directors. Both, by the way, are Black Women, in case you weren't aware. The pandering and cow towing to the left, social injustice and anti-white privilege groups in this country. Jesus Christ, our company is not going anywhere but down from here, and we're dragging the gutter at present. Sell your stock in protest or at least in common sense, for our future is not bright. John Watson needs to be fired immediately. He's a total incompetent snob.
Black gold is currently at $43.59 and going lower. Happy days for BC Group to bill Chevron for another round of BU layoffs next year. Earnings call will be very telling for Q3 and Q4. Chevron (JW) had predicted a nominal oil price of $55 for 2017.
We won't see $60 for many years.
$46 is a comeback?
You must work for Chevron.
Sounds like a Catch 22 to me. This seesaw action back and forth will not work for many in the O&G industry. While some money can be made, the industry will be going through more layoffs. If any of you still remain working, good for you, but don't go over extending yourself in expense or debt. It's no way over yet.
A lot of assists worldwide hit profit in the $50-$60 oil range. The closer we get to that mark, the more valves that will open, adding supply that will suppress the price. It will be a while before demand increases enough to change that dynamic.
If you haven't noticed, oil is going back down today. Even CVX is heading down also. I don't see an uplift in this industry for another 2 years minimum. Oil will trade between $35-50, but mainly in the 40's. CVX will trade in the $87-103 band for the next two years also.
Oil is up only for the speculators to ensnare enough small fish looking to get rich quick. Before lots of them realize it, oil will come crashing down again fast. It happened the last time oil hit $50. Don't go betting oil is going much higher. This is the way speculators make their money now days, in $5 to $6 per barrel increments.
You're right, -rof. Lots of bad things exhibiting themselves right now. The global economy is holding itself together the best it can and waiting to see what falls apart first. I'm out of the stock market for the time being. The US presidential elections this November will be telling.
I want some of what your smoking. Look at the Baltic dry index that is the bell weather for all global commerce and it terrible. Here is another Debbie Downer statement. One of the largest global shippers just filed bankruptcy ever heard of Hanjin. Yep right now they cant even get to ports they have billions of dollars in cargo they cant get rid of. Keep dreaming me Im a realist better get prepared.
The Chevron name has been hurt and its now a laughing stock. Shame, as it used to be such a good company with a proven track record. Poor management, and the hostile work environments that are generated, have taken a toll.
Couldn't agree more with previous post. Twice in the past 3 months I've met with people who are trying to start projects that others started 1 or 2 years back. The first ones have no proven value and we have a management structure that never seems to know who is doing what. Simply eliminating redundancies would pay for Bigfoot's redeployment.
Happy days will be here again for companies with strong producing assets remaining and good folks left to run them. Chevron has neither. It will never be the same again. The company is bleached turtle shell vs. what it used to be. Bad leadership has caught up to CVX, and there has been no change in leadership throughout the collapse, so why do you think happy days are coming?