Energy Sector 12th Time Drops on Oil Prices, Chevron (NYSE:CVX) Leads- CVX , XOM, COP, BP, OXY, ECA, TOT

Chevron Corporation (NYSE:CVX) bounce back by 1.7 percent as crude oil prices dropped to approach the $91-a-barrel level on Friday, with losses in the broad equities market around energy stocks.

Conception losses in the energy sector for the 12th time in the previous 13 sessions, the Dow Jones Industrial Average moved down 73 points. Wall Street’s attention turned to the newest Greek debt worries and the blockbuster IPO from Facebook Inc.
Chevron plunged $1.68 to close at $98.46 a share, while Exxon Mobil Corporation (NYSE:XOM) dropped about 0.5 percent.

Turning towards the sector Exxon Mobil Corporation (NYSE:XOM) lost -0.54%, ConocoPhillips (NYSE:COP) fell -0.72%, BP plc (ADR) (NYSE:BP) moved down -1.07%, Occidental Petroleum Corporation (NYSE:OXY) surged +1.25%, EnCana Corporation (USA) (NYSE:ECA) which also increased +0.51% and TOTAL S.A. (ADR) (NYSE:TOT) moved up +0.27%.

Chevron Corporation (NYSE:CVX) stock reports on May 18, 2012 slipped -1.68% to the closing price of $98.46. Its fifty two week range was $86.68-$122.28. The total market capitalization remained $194.23 billion.

The overall volume in the last trading session was 11.13 million shares. In its share capital CVX has 1.97 billion outstanding shares among them 1.97 billion shares have been floated in market exchange. CVX stock institutional ownership remained 64.37% while insider ownership included 0.01%.

CVX is ahead its 52 week low with 16.50% and lagging behind from its 52 week high price with -11.52%. CVX last month stock price volatility remained 1.55%. The stock price of CVX is moving down from its 20 days moving average with -4.23% and remote negatively from 50 days moving average with -5.69%.

CVX current year earnings per share experienced an addition with 41.78% while its current quarter performance remained -6.86%. Company’s beta coefficient included 0.78. Beta factors measures the amount of market risk associated with market trade.


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