Our forecasts suggesting that share prices Chevron could break long-term resistance levels have been validated and confirmed. But CVX is already starting to reverse from those highs, and this should signal red flags for long-term investors.
Exxon Mobil (NYSE:XOM) will continue to raise its dividend payout, long term. The energy company reported robust financial results for the quarter ending September, which saw profit growth in both upstream and downstream segments.
An article from mid-October by InvestorPlace feature writer James Brumley has me wondering which oil company has the better dividend: Chevron Corporation (NYSE:CVX) or Exxon Mobil Corporation (NYSE:XOM)?