Friday, 31 July 2015

Chevron Corp. shares with low commissions through ActivTrades

Chevron Corporation (NYSE:CVX) is one of the world's leading integrated energy companies. They are not only exploring and producing crude oil and natural gas, but invest in profitable renewable energy and energy efficiency solutions. They develop the energy resources of the future.
This morning the company released their second quarter financial earnings and the results didn’t meet the analyst’s expectations.

The net income for second quarter 2015 is $571 million, or $0.30 per share, compared with earnings of $5.7 billion ($2.98 per share) in the 2014 second quarter. 
Included in the quarter were impairments of $1.96 billion andother charges of approximately $670 million relating to project suspensions andadverse tax effects, all of which were non-cash charges stemming from adownward revision in the company’s longer-term crude oil price outlook.Partially offsetting were gains on asset sales totaling $1.80 billion in thecurrent quarter. Foreign currency effects decreased earnings in the 2015quarter by $251 million, compared with a decrease of $232 million a yearearlier.

Lower oil prices had hurt the oil giant and this inevitably reflected the reporting. 
This is the worst result for the last 13 years. 


But whatever the results are, Q2 Earnings Season is great opportunity to trade on the stocks of major companies in the NYSE stock exchange. My broker ActivTrades provides excellent  conditions to do this with very low commissions. ActivTrades offers CFDs on shares and they are available on the MT5 platform. 
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Do not miss your chance for 
personal earnings!

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