Coverage
Integrated Oil & Gas
Equity Research
Chevron Corp (CVX)
SELL. 12-month probability-weighted target $174 (-18% vs spot). P/E Multiple explains 60% of Monte Carlo outcome variance.
Equity Research
Exxon Mobil Corp (XOM)
SELL. 12-month probability-weighted target $131 (-22% vs spot). P/E Multiple explains 55% of Monte Carlo outcome variance.