I don't know if share prices of large companies like that will react that quickly to quick upticks in commodity prices. A smaller company would provide a much bigger spring.
EXXON or Chevron?
Assuming that oil goes to $100, which one of the Big American Dogs will do better at that price? There are a few things which I prefer about Chevron, but I think that the quick & dirty public sentiment would think EXXON to be the bigger dog and thus the more important player and the first player to reach for. {I have other oils.] Eh?
Thanks for any opinions.
Thanks for any opinions.
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I think you meant to say a pure production company, rather than an integrated with refining and/or retial and/or petrochemical operations, will respond more quickly to commodity prices. Assuming, of course, they have not hedged a lot of their production at a 'too low' fixed price. Size of company matters less than what its assets are.I don't know if share prices of large companies like that will react that quickly to quick upticks in commodity prices. A smaller company would provide a much bigger spring.
The OP already has other oils, so the question here is Chevron or Exxon. I have no idea which one.
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