Better High-Yield Energy Stock: Chevron vs. ExxonMobil
Paper or plastic? Cheese or pepperoni? (NYSE: CVX) or ExxonMobil (NYSE: XOM)? These are some of the perennial questions that vex people the world over. OK, not really. The only really vexing question here is whether dividend investors should buy Chevron or ExxonMobil.
Let's look at what you need to consider before you make that final call.
The key factor here, and why a comparison between Chevron and ExxonMobil makes sense at all, is because both of these companies use the integrated business model. That means that they have exposure to the upstream (energy production), the midstream (pipelines), and the downstream (chemicals and refining). This balanced approach helps to soften the inherent peaks and valleys in the normally volatile energy sector.
Source Fool.com
Chevron Corp. Stock
The stock is one of the favorites of our community with 34 Buy predictions and 2 Sell predictions.
As a result the target price of 163 € shows a positive potential of 25.85% compared to the current price of 129.52 € for Chevron Corp..
