JPMorgan downgrades Chevron, citing ramp up in clean energy spending

106872532-16191146152021-04-22t175138z_1996080211_rc251n9lyphv_rtrmadp_0_usa-chevron-myanmar.jpeg?v=1619114758

Journalists are reflected in the sunglasses of drilling site manager Greg Murphy during a media day at Chevron’s site in Pungesti, Romania, April 8, 2014.

Bogdan Cristel | Reuters

Chevron’s plans to increase its clean energy spending could hold the stock back over the next year, according to JPMorgan.

scroll to top