Financial Market Analysis
By Shawn R. Carpenter
Saturday, January 10, 2009
XOM and CVX
This past week, Chevron mentioned that its profit outlook is looking on the downside, as gasoline prices and energy demand has weakened. There are also reports and research pieces out there stating that the major oil players have enough cash on hand to buyout others, thus increasing their market share. CVX and XOM look like they have potential on the downside.
¶ 1:06:00 PM 
This past week, Chevron mentioned that its profit outlook is looking on the downside, as gasoline prices and energy demand has weakened. There are also reports and research pieces out there stating that the major oil players have enough cash on hand to buyout others, thus increasing their market share. CVX and XOM look like they have potential on the downside.
![[Most Recent Quotes from www.kitco.com]](http://kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-euro-small.gif)
