Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Deep Fundamental Analysis

[Earnings Preview] Chevron Faces Pressure from Tight Refining Margins and Increased Maintenance

Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Equity Bottom-Up

<ul>
<li>Chevron set to report Q3 earnings on 01/Nov, with analysts expecting revenue and EPS to fall by 7% YoY and 8.9%, respectively. Outlook is bearish due to lower crude prices.</li>
<li>Chevron's OI PCR at 0.95 signals neutral sentiment, while an 97% IV percentile indicates high volatility. Call OI strikes are focused on strikes of 150, 155, and 157.5.</li>
<li>Chevron’s short interest fell for the second consecutive biweekly period, reaching 53.51 million shares (2.95% of float) as of 15/Oct—a 0.6% fall from 30/Sep.</li>
</ul>


Chevron set to report Q3 earnings on 01/Nov, with analysts expecting revenue and EPS to fall by 7% YoY and 8.9%, respectively. Outlook is bearish due to lower crude prices.
Chevron's OI PCR at 0.95 signals neutral sentiment, while an 97% IV percentile indicates high volatility. Call OI strikes are focused on strikes of 150, 155, and 157.5.
Chevron’s short interest fell for the second consecutive biweekly period, reaching 53.51 million shares (2.95% of float) as of 15/Oct—a 0.6% fall from 30/Sep.


[Pre Earnings Options Flash] Chevron’s OI PCR Shows Neutral Sentiment Amid High Implied Volatility

Chevron Corp

[Pre Earnings Options Flash] Chevron’s OI PCR Shows Neutral Sentiment Amid High Implied Volatility