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Chevron Vs. Exxon: Oil Giants Limp Into Q1 Earnings With Engines Stalling

1. Chevron's stock down nearly 20% in a month; down 7.46% YTD. 2. Wall Street expects Q1 EPS of $2.18 on $48.09B revenue. 3. Chevron's stock shows bearish signals across major moving averages. 4. Exxon's revenue base is nearly double Chevron's, providing more stability. 5. Both companies face bearish outlook amid crude oil price volatility.

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FAQ

Why Bearish?

Chevron's technical indicators suggest a persistent bearish sentiment, mirroring past downturns such as late 2014-2015.

How important is it?

The article directly discusses Chevron's earnings forecast and current stock performance, impacting investor decisions.

Why Short Term?

Upcoming earnings report on Friday may yield immediate impacts based on investor reactions.

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