score:10
Chances:
- Chevron appeals to an Australian workplace arbiter to resolve a labor impasse, indicating efforts to address labor-related issues.
- Chevron is taking steps to halt Australia LNG strike action, which could help mitigate potential supply disruptions.
- Despite labor strikes, Chevron’s LNG prices are rising, which may positively impact the company’s revenues.
Risks:
- Chevron faces challenges with labor strikes in its Australian facilities, potentially impacting operations and supply.
- The company’s stock performance may be influenced by factors such as labor disputes and natural gas price fluctuations.
- Chevron’s heavy institutional ownership (64%) may lead to limited stock volatility and price fluctuations.
Score:10
investment score = chances characters count - risks characters count
References:
- 2023-09-11 Chevron Appeals to Australian Workplace Arbiter to Resolve Labor Impasse
- 2023-09-11 UPDATE 3-Chevron gambles on untested laws to halt Australia LNG strike action
- 2023-09-11 Chevron appeals to workplace tribunal to halt Australia LNG strike action
- 2023-09-11 Chevron to Ask Regulator to Intervene in Australia LNG Strikes
- 2023-09-10 With 64% ownership of the shares, Chevron Corporation (NYSE:CVX) is heavily dominated by institutional owners
- 2023-09-09 UPDATE 1-Chevron pulls contract crew from Australia LNG project as strikes begin - unions
- 2023-09-09 Chevron pulls contract crew from Australia LNG project as strikes begin - unions
- 2023-09-09 Chevron evacuates contract crew from Australia LNG project as strikes begin - unions
- 2023-09-09 Best Dividend Stock to Buy: Devon Stock vs. Chevron Stock
- 2023-09-09 UPDATE 1-US natgas prices edge up 1% on hot forecasts, soaring global gas prices