CVX or XOM

freedom2022

Recycles dryer sheets
Joined
Sep 24, 2021
Messages
132
With tension in Ukraine, looks like we have to move in fast for oil stocks.
CVX or XOM ?
 
No personal opinion on either one, but a 5-year chart shows Chevron at +25% Exxon -5%
 
Novice investor here ....

I've been buying both CVX and XOM over the last 2 yearS - I think I was adding to both up until January 2022 ish


I'm 40% stocks.

4% CVX @105 avg cost
2.5% XOM. @ 65 avg cost


Even though they are off their highs, I plan to sell 10% of the shares in both. I worry that politicians, plus their Saudi and Iran buddies will figure out how to pump a bit more in time for Election Day. If I'm wrong, what else is new - I missed upside:)

But real products, made by real workers, used by real customers, to generate real cash, to generate real profits, to pay real dividends.....I must admit, God I love that.
 
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