Chevron Supplies You With A Safe Harbor

Chevron Corporation (CVX) is quite an amazing company. It is famous for exploring and producing oil and natural gas. However, it also manufacturers and transports gasoline, fuel additives, and refined petrol products under the brands Texaco, Chevron and Caltex. In addition, Chevron makes lubricants for automobile, industry and marine customers. It also has a shipping fleet and pipelines to transport its products. These are the core businesses and there are other non-core businesses.

As far as fundamentals are concerned Chevron earned $19.024 billion for the year ending in December 2010 as compared with the year ending in Dec. 2009 where they earned only 10.483 billion. In and the year ending in 2008 Chevron earned $23.981 billion.

From July, 2010 until April 2011, the stock rose constantly progressing from $68 to $110. Since May 2011, the stock has risen and fallen three times, within a range of $90 to $110. The stock last closed at 92.77 so now might be a good time to buy. The company also issues quarterly stock dividends with a yield of 3.38%.  All in all, this seems to be a good solid investment for recessionary times.

Disclaimer: The information here is not complete enough to make investment decisions. All investment decisions should be based on a thorough analysis of the investment involved.

Some of the influential people at Chevron are: Wesley E. Lohec,   Matthew J. Foehr, Rhonda I. Zygocki,   Patricia E. Yarrington, Linnet F. Deily, and Joe W. Laymon.

About Peter Jefferson

Peter Jefferson is a full-time researcher for, a task he took on in 2011 when the site was launched. He brings to the position a wealth of practical experience in the field of fiscal policy, having consulted with various government bodies on revenue collection, expenditure and economic growth. Contact Peter at peter[at]