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Chevron profit disappoints
Chevron profit disappoints as refining posts first loss in four years
Chevron reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins dragged its refining business into a loss for the first time since 2020. CEO Mike Wirth told Reuters the post-pandemic surge in fuel margins had run its course,
Chevron Lifts Dividend After Profit Disappoints on Oil Slump
Chevron Corp. raised dividends by 5% even as profit underperformed expectations amid shrinking crude prices and fuel-making margins. Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollHow the 2025 Catholic Jubilee Is Reshaping RomeTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Financials Adjusted fourth-quarter earnings were $2.
Chevron slips after reporting first quarterly refining loss in four years
Chevron missed Q4 earnings expectations and reports first quarterly loss in refining business since 2020, but raises dividend.
Chevron calls Gulf of Mexico the Gulf of America
Chevron calls Gulf of Mexico the Gulf of America in earnings release after Trump order
Chevron previously used "Gulf of Mexico" to refer to that body of water, which stretches from Texas to Florida on the southeastern border of the U.S. Trump signed an executive order on Jan. 20 to rename the Gulf of Mexico as the Gulf of America.
Oil producer Chevron uses term 'Gulf of America' after Trump renaming order
U.S. oil producer Chevron used the term "Gulf of America" instead of Gulf of Mexico in its fourth-quarter press release on Friday, a sign of corporate America beginning to implement U.S. President Donald Trump's order to rename the ocean basin.
Major energy company follows Trump, calls it 'Gulf of America'
Multinational energy company Chevron Corporation, which will be moving its headquarters from California to Texas, is among the first major entities to use the phrase "Gulf of America" in official language.
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on MSN
Chevron Earnings Miss Expectations, But Dividend Gets Sweeter
Chevron is pumping out more crude oil than ever, but turning that oil into fuel is getting less profitable. Chevron stock was ...
1d
on MSN
Why Chevron Stock Dropped 4.5% Today
Chevron Corporation ( CVX -4.44%) stock fell 4.5% through 10:35 a.m. ET Friday after the company reported a revenue beat but an earnings miss in its morning Q4 report.
1d
on MSN
Chevron sells office tower at steep discount to contrarian investor on a Houston buying spree
Chevron sold an empty office tower in northwest Houston to Capital Commercial, which is one of the most active commercial ...
4d
Chevron to build gas plants to power data centers amid AI boom
Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the U.S ...
4d
on MSN
Chevron, Engine No. 1 and GE Vernova team up on powering US data centers, with AI in focus
Oil company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants in the United States ...
2d
on MSN
Chevron Earnings Are Coming. Why Results Won’t Answer All of Investors’ Questions.
A few big questions hang over Chevron as it prepares to report fourth-quarter earnings on Friday. The company’s planned ...
1d
on MSN
Exxon, Chevron Yearly Profits Down as Investor Payouts Hit Fresh Highs
Annual profits fell, but the oil giants made record distributions to shareholders as production rose to historic levels in ...
1d
on MSN
Chevron Stock Declines Despite Another Dividend Hike
Chevron stock is down Friday after the integrated energy company missed fourth-quarter profit expectations. Here's what you ...
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