Key Points Chevron and ExxonMobil both had operations in Venezuela at one point. Exxon pulled out of the country because of political uncertainty, but Chevron stayed. Exposure to Venezuela was a thorn in Chevron's side for years, but its long commitment to the country is now a plus. 10 stocks we like better than Chevron › ExxonMobil (NYSE: XOM) is one of the world's largest energy companies, but it tends to operate in a very conservative manner. Chevron (NYSE: CVX) is another industry giant, and while slightly smaller, it has been willing to take on some risks that Exxon has specifically avoided. One big difference between the two is Venezuela.
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