I initially started a position back in May with CVX that I posted here.
I decided to add to that position this morning. I bought 19 shares of CVX @ 104.62. This was just slightly more than my original purchase.
I believe CVX offers a fair value. They have 25 years of consecutive dividend increases. They have a 5-year CAGR of 9.0% and offer a current yield of about 3.5%. I see CVX and COP as long-term holdings and would like to keep them nearly equally weighted in the long-run.
Some other companies I’m watching closely for new or additional purchases are: KMI, PM, CAT, MCD, NSC, INTC, VOD