Jan. 5 at 1:41 AM
$CVX Once the blockade is lifted, this bad boy should start refining much greater volumes. Trump may grant Reconstruction Credits for repairing and improving Venezuela’s power grid and pipelines. It will enjoy something like a tax free status to complete the job. Then comes realized improvements in revenue, margins, and cash positions. On top of all of that, if assets which were written off get revalued, the stars may align perfectly for Chevron. At this point, it is hard to see any bear case for this name.