Report
Allen Good, CFA
EUR 101.80 For Business Accounts Only

Fleshed-Out House Tax Reform Bill Supports Many of Our Views

We don’t intend to make significant revisions to our tax reform assumptions following the House Committee on Ways and Means' release of the Tax Cuts and Jobs Act. This is the first document with actual details of how tax reform may work, but it will be adjusted as political constituents digest it and attendant political realities, such as the slim Republican majority in the Senate, are taken into account. We continue to believe that tax reform during the Trump administration is more likely than ...
Underlying
Chevron Corporation

Chevron is engaged in energy and chemicals operations. Upstream operations consist primarily of, among others, exploring for, developing and producing crude oil and natural gas; processing, liquefaction, transportation and regasification associated with liquefied natural gas, storage and marketing of natural gas; and a gas-to-liquids plant. Downstream operations consist primarily of, among others, refining crude oil into petroleum products; marketing of crude oil and refined products; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses and fuel and lubricant additives.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Allen Good, CFA

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