CVX is expected to earn $3.25 on revenue of $86.79 billion. In the year-ago quarter, CVX earned $1.97 on revenue of $55.17 billion. As with its peers, I expect CVX to better estimates on strong upstream results. Its results from the chemicals businesses will be weak and the downstream businesses could go either way. Another wildcard will be the impact of this year's brutal gulf hurricanes.
P.S. Will you be there when Cramer makes his next move?
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The Finance Professor How to Spot the Worst-Managed Companies 10/24/2008 1:12 PM EDT The Finance Professor breaks down how he identifies companies that have lost their way.
Industrials Demand Softening for X 10/29/2008 7:39 AM EDT The company reported EPS of $7.79 on net sales of $7.312 billion.
Oil OXY Barrels Over the Street 10/28/2008 4:23 PM EDT The company reported earnings of $2.78 per share on revenue of $7.06 billion.
Energy Pipeline Companies Get Ready to Heat Up 10/27/2008 8:03 AM EDT Operators of gas delivery systems are boosting capacity, and many of them pay rich dividends.
At the time of publication, Rothbort had no positions in stocks mentioned, although positions can change at any time.
Scott Rothbort has over 20 years of experience in the financial services industry. In 2002, Rothbort founded LakeView Asset Management, LLC, a registered investment advisor based in Millburn, N.J., which offers customized individually managed separate accounts, including proprietary long/short strategies to its high net worth clientele. He also is the founder and manager of the social networking educational Web site TheFinanceProfessor.com.
Immediately prior to that, Rothbort worked at Merrill Lynch for 10 years, where he was instrumental in building the global equity derivative business and managed the global equity swap business from its inception. Rothbort previously held international assignments in Tokyo, Hong Kong and London while working for Morgan Stanley and County NatWest Securities.
Rothbort holds an MBA in finance and international business from the Stern School of Business of New York University and a BS in economics and accounting from the Wharton School of Business of the University of Pennsylvania. He is a Term Professor of Finance and the Chief Market Strategist for the Stillman School of Business of Seton Hall University.
For more information about Scott Rothbort and LakeView Asset Management, LLC, visit the company's Web site at www.lakeviewasset.com. Scott appreciates your feedback; click here to send him an email.
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