VBIN's oil stock thread.

[fenders53]

Chevron looked very strong. Most of them are doing well with the occasional surprise mixed in. It's going to be hard to lose money for awhile. Although I understand they need to spend some CAPEX, their conservative strategy should make it easier for you to hold these. Meaning they shouldn't be in dire straights a year into a down cycle. After the last peak it was breath taking how fast midcap drillers and pipelines were in deep trouble.