CVX - Invest In Lukoil As An Alternative To Western Oil Majors Battered By Green Movement
- Lukoil has a solid financial performance profile, as well as significant oil and gas reserves, with decent opportunities to replace its produced reserves on a constant basis.
- The green trend that is hammering Lukoil's Western competitors makes Western oil companies more risky than Lukoil. Geopolitical risks as well as Russian politics seem more benign by comparison.
- Investors who believe that global oil demand will continue to expand, need to consider reducing exposure to Western oil producers and look for alternatives such as Lukoil.
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Invest In Lukoil As An Alternative To Western Oil Majors Battered By Green Movement