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(Image from article: "Chevron Turns To Solar Energy For Oil Recovery, Stock Heading To $104")

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Chevron Turns To Solar Energy For Oil Recovery, Stock Heading To $104

Chevron Turns To Solar Energy For Oil Recovery, Stock Heading To $104

Chevron Technology Ventures demonstrated the use of solar power to boil water into steam using around 7,600 mirrors to concentrate the sun's energy over a solar boiler. We have a $104 price estimate for Chevron, which implies a 14% premium over its current stock price.

 

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