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Started By
Message
re: Chevron Rides High Oil Prices to Record $35.5 Billion Annual Profit
Posted on 1/27/23 at 2:32 pm to ragincajun03
Posted on 1/27/23 at 2:32 pm to ragincajun03
I’ve said it before…when I worked in downstream and marketing for CVX, Mike was president of our business unit, best leadership I’ve experienced in the corporate world.
Posted on 1/27/23 at 2:35 pm to Floyd Dawg
"Record Profit" means profit, not income. Can you read?
Posted on 1/27/23 at 3:16 pm to TDHELPCENTER
The record profit crap is low hanging fruit to economic illiterates. When oil prices are way above historical averages, of course profits are going to go up as well.
It's red meat to simps.
It's red meat to simps.
Posted on 1/27/23 at 3:49 pm to ragincajun03
And the stock price took a big hit today too. Same with IBM yesterday. CVX crushes with record profits so down 4%+.
Posted on 1/27/23 at 4:06 pm to Napoleon
quote:
Is just odd that gas prices went up. People were slapping "I did that" stickers on all the gas pumps.
Meanwhile record profits were made. I get they have to do what's in the best interest of the stock holder, still it feels like a sting knowing they the gas prices were inflated.
Thanks Dementia Joe for pointing this out
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