RE:RE:RE:Why CVX is going upYes it will.go up That $22.5 mil contract I did the math on it If they bring the equipment in Q4 ot early Q1 next year and say they finish it by end of March of 23 The math just on that contract alone is $22.5 mil x 35% net earnings is $7.885 mil The net earnings per share is $7.885 / 133 mil shares outstanding= .059c net earnings per share. PE ratio based on this is current price .24c/ .06 rounded off= 4 The PE =4 here is only for Q1 and as you can see the stock in this case is extremely cheap