Are Oils-Energy Stocks Lagging Chevron (CVX) This Year?

Impact · against what's priced in

The article provides no catalysts for CVX or KNTK, as the reported earnings revisions and YTD performance are already reflected in current market valuations.

CVX+0.00

Already priced in

The price assumes

The Hess acquisition delivering $1.5B in annual cost synergies and 20% production growth

The reported 9.4% increase in earnings estimates and 34% YTD gain confirm the positive trajectory the price already pays for via the Hess integration and production growth.

What CVX's price assumes · Aug 26

• energy▲13%
• earnings▲12%
• fundamental analysis▲8%
• equity research
• oil
• CVX
• KNTK