US Wants Venezuela Oil Back, Chevron Already Got a Head Start
Rendy Andriyanto
Gotrade Team
Reviewed by Gotrade Internal Analyst
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Jakarta, Gotrade News - Chevron Corporation (CVX) is now the main highlight for global investors following strong signals of a regime change in Venezuela. The company is the only US oil major still actively operating in the country.
Key Takeaways
Chevron has active infrastructure while competitors have to start from scratch.
President Trump stated US oil companies will invest big in Venezuela.
Wall Street analysts target Chevron's stock price upside of 10 percent.
President Donald Trump just stated that major oil companies will be spending billions of dollars.
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