Chevron is now one of several stocks in the Dow Jones Industrial Average that is in a bear market. Chevron (CVX) has lost 11.9% in the past week and dropped 16% in the last 4 weeks. Much of that is due to falling oil prices, which dipped below $39 a barrel. Chevron has under performed the S&P 500 index by about 12% in the last 4 weeks. Chevron stock has also under performed compared to the entire energy select SPDR. Analysts say Chevron is having difficulty managing its various projects and it unable to make a meaningful cut to its capital spending. Barclay's recently cut its 12 month price target for Chevron from $110 to $99. Chevron shares recently touched a 52 week low. Chevron may also face a dividend dilemma. It is set to pay out nearly $8 billion this year in dividend payments.