Market Dynamics haves been crushing energy related business and companies at a very drastic rate. Commodity prices almost collapsed to the lowest level of last decade. Oil tumbled below the level of $35 per barrel, while gas prices are at the lowest level since 1999. This is a very challenging time and situation for companies that are exploring, transporting or producing these commodities.
However, few of big names are making wise strategies to combat slow prices along with moving their portfolio towards high cash generating business at low costs. Chevron Corporation (NYSE:CVX) is among those major integrated oil & gas companies that have been standing tall against all these headwinds. The company has immediately and timely changed its strategies and taken number of positive steps