Every portfolio needs an integrated oil and gas company, but which is the most attractive among the Big Oil elite? In today's edition, Joel South argues that Chevron, which produces the cheapest barrel of oil and returns a tremendous 25% on capital employed, is king. While the financials look great, Chevron's future outlook also passes muster with a number of LNG projects in the works, including the $40-plus-billion Gorgon facility in Australia.
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