Is There Something Wrong at Chevron?

In the same way that it's more difficult for big investment funds to grow because of sheer size, it becomes harder for integrated major oil companies such as Chevron (NYSE: CVX  ) to move the oil-production needle. In fact, the company has joined ExxonMobil (NYSE: XOM  ) in seeing production shrink recently. Much of Chevron's recent slip comes from a shutdown at several facilities for maintenance, so while that may not be too much to worry about in the near future, it does raise questions about whether the company can grow its production.

Based on the company's current development projects, it appears that Chevron wants to make a big splash in the LNG export market. So far, it operates four LNG facilities that are either online, under construction, or approved for export. In the following video, Fool.com contributor Tyler Crowe looks at what needs to happen to make these projects profitable. 

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  • Report this Comment On July 21, 2013, at 1:53 PM, MotleyLebowski wrote:

    Irresponsible headline - this kind of writing is a waste of time and detract from much of the good stuff at MFool.

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