Why Is Chevron’s Crude Oil & NGL’s EBITDA Margin Greater Than Its Refined Products EBITDA Margin?

+6.30%
Upside
158
Market
167
Trefis
CVX: Chevron logo
CVX
Chevron

CVX10

HHI source=> Globalization: Challenging a Common Belief by Pankaj Ghemawat and Fariboz Ghadar

 

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Chevron
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