Simpson likes $COP and $MPC ‘a little better’ than Chevron after its Q1 earnings

Chevron Corp (NYSE: CVX) is in focus this morning after coming in shy of revenue estimates for its fiscal first quarter.  Kevin Simpson shares his view on Chevron stock The energy giant attributed the weakness to a lower margin at its refineries and natural gas prices that have tanked 35% since the start of 2024.  […]