Chevron: One Of The Steadiest Oil Majors On An Acquisition Spree
Chevron (NYSE: CVX) is one of the best performing overall oil majors with a market capitalization of almost $170 billion. The company’s stock has already rebounded significantly from its mid-March lows, however, the reliability of its quality assets and future cash flow potential make it a quality addition to an energy portfolio.
Chevron Acquisition Spree
Chevron has recently taken advantage of the downturn and the strong rebound in its share price to make two acquisitions. The first is its ac…