
Closing Bell: Can Anything Derail the Rally? 7/24/23
Closing Bell
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Chevron's Stocks Are Down From Their Highs
I don't think we should be concerned. Chevron has an orderly transition, so it'll be around till March 2024 and you have an internal candidate who's taking over as a CFO. So with a very clearly laid out strategy and a lot of strategic consistency in the last few years, I don't think it's a concern at all. Yeah, the stocks at 161, they've had good numbers. The stock hasn't really moved a lot. In fact, it's down from its highs of about a year ago, although well above where it was pre-pandemic.
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