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Enter Symbol:
 
Chevrontexaco Corporation (CVX) [hlAlert]

Rating:
Overweight
CVX
down 36.37 %

Chevrontexaco Corporation (CVX) rated Overweight with price target $138 by HSBC Securities

Posted on: Friday,  Dec 6, 2013  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Chevrontexaco Corporation (NYSE: CVX) on 12/06/2013, when the stock price was $122.03. Since
then, Chevrontexaco Corporation has lost 36.38% as of 01/21/2016's recent price of $77.64.
If you would have followed this HSBC Securities's recommendation on CVX, you would have lost 36.37% of your investment in 776 days.

SandRidge Energy, Inc. is an oil and natural gas company headquartered in Oklahoma City with its principal focus on exploration and production. SandRidge also owns and operates drilling rigs and a related oil field services business operating under the Lariat Services, Inc. brand name; gas gathering, marketing and processing facilities; and, through its subsidiary, PetroSource Energy Company CO2 treating and transportation facilities and tertiary oil recovery operations. SandRidge focuses its exploration and production activities in West Texas, the Cotton Valley Trend in East Texas and the Gulf Coast. SandRidge also owns oil and gas properties in the Piceance Basin of Colorado, the Gulf of Mexico and the Anadarko and Arkoma Basins.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/6/2013 8:25 AM Buy
None
122.03 138.00
as of 12/13/2013
1 Week down  -1.74 %
1 Month down  -1.74 %
3 Months   
1 YTD down  -1.74 %

(*) Stock Price at the time of the recommendation.
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