Has Chevron Stock Mirrored SPY ahead of 1Q18 Earnings?
In the previous part of this series, we considered Chevron’s (CVX) segmental outlook for 1Q18. Now, we’ll examine Chevron’s stock performance before its 1Q18 results. Chevron stock has fallen 6.5% since January 2. Oil prices as well as markets impact integrated energy stocks like Chevron, so let’s have a look at their performance in 2018.