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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 profit disappoints as refining division reports losses
This story incorporates reporting from worldenergynews.com, SchaeffersResearch.com and MSN.Chevron announced financial results revealing its refining division experienced its first quarterly loss in four years.
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 Earnings Miss Expectations
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 falling 2.8% early Friday after a disappointing fourth-quarter earnings report.
Chevron (CVX) Q4 2024 Earnings Call Transcript
Welcome to Chevron's fourth-quarter 2024 earnings conference call. [Operator instructions] As a reminder, this conference call is being recorded. I will now turn the conference call over to the head of investor relations of Chevron Corporation,
Chevron Earnings Miss Expectations. Why Results Won’t Answer All of Investors’ Questions.
Chevron reports fourth-quarter adjusted earnings of $2.06 a share, missing analysts’ expectations of $2.11. CVX, Engine No. 1 and GE Vernova team up to build natural gas power plants to fuel AI-driven data centers and support increased electricity demand.
1d
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 ...
Business Times
1h
Exxon, Chevron succumb to oil-refining slump as tariffs loom
PROFITS for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of US tariffs on two major oil suppliers threatens to make the refining business even worse. Read more at The ...
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 ...
1d
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 ...
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 ...
1d
on MSN
Chevron to engage with Trump administration to protect Venezuelan operations, WIrth says
Chevron (NYSE:CVX) will ask the Trump administration to protect the special U.S. oil license that allows it to operate in ...
14h
Exxon, Chevron Brave DeepSeek Risk to Chase AI Future as Oil Glow Fades
Big Oil was once the antithesis of the asset-light, hyper-growth world of Silicon Valley. Now it’s looking to Big Tech to ...
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