Where XOM’s, CVX’s, Shell’s, and BP’s Valuations Stand in Q3 2018
In this article, we’ll compare the forward valuations of integrated energy stocks ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP). CVX is also trading above the peer averages, but Shell and BP are trading below the peer averages on both metrics. Why are XOM and CVX trading at premium valuations while Shell and BP are trading at discounted valuations?