Chevron and its entry into the European Market

Chevron stock has been given a buy rating from many portfolio managers .Chevron stock is a safe bet for those investors who are looking for some substantial return on their investments. Increased dividends are routine for the shareholders as Chevron has consistently been able to provide dividends for more than 25 years. Analysts have forecasted their return on dividends in FY 14 will increase by roughly 0.4%

 

Chevron stock has suffered some dips in 2013 .This may be attributed to halts in production levels of the company but management is confident of overcoming these problems. Oil fields in Kazakhstan will reopen to provide the impetus needed to further increase the production levels. The cash flows of Chevron need to improve in order for Chevron stocks to improve further in terms of price. The target price $ 130 of Chevron stock does not represent the true potential of its ability to rise beyond the target price given above.

 
Chevron has agreed to sign a deal with Polish gas producing company(PGNIG).The gas reserves of Poland are exceeding the local demand and Chevron has  rightly identified the potential in striking the deal with PGNIG. The current political turmoil being faced by Ukraine  has profoundly given Chevron an opportunity to capitalize on extracting vast reserves of shale gas in Poland .Russians aggression in Ukraine has left Poland in the dark because it is highly reliant on Russia to drill its gas reserves. Hence Poland is desperate for companies to fill the vacuum left by Russia and Chevron is perfectly set to fill this vacuum.