2. The two big dips in stock price are from fluctuations of demand for oil during the summer. The S&P 500, Nasdaq, and the DOW all follow similar price swings in the three month chart as compared to Chevron’s, which, leads me to believe that it was not Chevron’s fault that their stock price fell but more of the economy’s. I also read an article on Yahoo about Chevron that briefly explained how oil production is not going as expected and Chevron is not reaping the amount of oil they hoped for. However, I could not find enough proof to connect Chevron’s oil production mishaps to the two bid dips in their 3 month stock chart. I do think it is a matter of consideration though.
3. Total SA, BP, and Chevron all have big swings in stock prices throughout this twelve month period. However, Chevron seems to be following a positive path over the last 10 months and may end up out performing its competitors very soon. Also, Total SA seems to be on a positive pattern over the last two months but does not seem to be quite as reliable as Chevron. This is because Chevron’s stock has been steadily increasing over the last 10 months as compared to Total SA’s shorter 2 months. Chevron’s gross margins have been steadily increasing, from about 30% a decade ago to over 40% today, which would imply that it has been able to successfully increase their shareholders’ value. This may explain why Chevron’s stock has been steadily increasing.
4.