Report
Allen Good, CFA
EUR 101.80 For Business Accounts Only

Like Other Tax Reform Plans, We See the Unified Framework as Only a Starting Point for Negotiation

We currently view the unified framework for tax reform released by the Trump administration, the House Committee on Ways and Means, and the Senate Committee on Finance on Sept. 27 as a starting point for tax reform negotiation and that it’s not truly representative of what an eventual tax reform bill may look like. This 9-page framework is similar to other guiding principle documents about tax reform, like the 35-page House Republican Better Way blueprint and the 1-page outline from the White Ho...
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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