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CLOSING UPDATE: Chevron decreased 1.3% - underperforming 81% of stocks 21 July 2017 17:50 EDT

NEWS BITES - NORTH AMERICA

This is an end of day Alert, produced after today's NYSE market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Chevron, NYSE's 2nd largest integrated oil & gas company by market capitalisation, has decreased $US1.38 (or 1.3%) today to trade at $US103.25 and has underperformed 81% of the market in the past month. Compared with the S&P 500 Index which fell 0.9 points (or 0.04%) in the day, this represented a relative price change of -1.3%.

Technical indicators complementing today's significant downtrend:

+ The negative 0.36 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ The price decreased 1.1% in the last week and 1.2% in the last month.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

+ Price/Sales of 1.6 [1.2]

Other Bearish Signals include:

+ Net profit margin has averaged 4.2% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

Note

Chevron today is at a discount of 13.2% to the 12-month high of $US119.0 on 03 Jan, 2017. It is at a premium of 6.9% to the 12-month low of $US96.56 on 16 Sep, 2016.

Bullish Signals:

Tobin's Q Ratio is 0.8. Compared with the rest of the market the stock is undervalued.

The Brand Value represents 7.2% of the estimated Enterprise Value of $US242.8 billion.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

Price to Book of 1.4 [1.7]

Dividend yield of 4.2% [3.3%]

TODAY'S ALERT

Morning Alert: Chevron decreases 1.1%, leads S&P 500 Energy (Sector) lower

21 July 2017 11:22 EDT

Chevron Corporation (NYSE:CVX) has decreased 1.1% to trade at $US103.52 vs. the S&P 500 Energy (Sector) which weakened 3.5 points (or 0.7%) to 480.2. Representing a weighting of about 15.1% of the index, the stock accounted for 22.3% of today's loss. Trading volume was 1.5 times average so far today.

RECENT ALERTS

CLOSING UPDATE: Chevron increased further 0.2%, led Integrated oil & gas sector higher

19 July 2017 17:51 EDT

Chevron, NYSE's 2nd largest integrated oil & gas company by market capitalisation, has increased 0.7% to trade at $US104.46 vs. the Integrated oil & gas sector which strengthened 10.8 points (or 0.9%) to 1,186.0. Representing a weighting of about 24.1% of the sector, the stock accounted for 18.7% of today's gain. Trading volume was 72% of average at the end of the day. Compared with the S&P 500 Index which rose 8.6 points (or 0.3%) in the day, this represented a relative price increase of 0.4%.

Morning Alert: Chevron increases 0.5%, leads S&P 500 Energy (Sector) higher

19 July 2017 11:21 EDT

Chevron Corporation (NYSE:CVX) has increased 0.5% to trade at $US104.26 vs. the S&P 500 Energy (Sector) which strengthened 3.1 points (or 0.7%) to 481.9. Representing a weighting of about 15.2% of the index, the stock accounted for 12.2% of today's gain. Trading volume was 1.5 times average so far today.

Chevron Corporation (N:CVX)

ISIN: US1667641005

PermID: 4295903744

CIK: 93410

CUSIP: 166764100

Source: www.BuySellSignals.com