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Oil Faces 'Significant Headwinds' Over Next Few Years: Analyst

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Chevron  (CVX) - Get Free Report reported earnings. 

The company said its adjusted loss for the three months ending in December was pegged at 1 cent per share, down from a profit of $1.49 per share over the same period last year and well away from the Street consensus forecast of a 7 cent per-share profit. Group revenues, Chevron said, fell 31.2% from last year to $25 billion, again missing analysts' estimates of a $26.38 billion tally

Jeff Marks, senior portfolio analyst with Jim Cramer's Action Alerts PLUS, weighs in on Chevron and oil in general.

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