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Chevron profit disappoints
Chevron logs its first refining loss in four years, sending stock lower
Chevron Corp.’s stock fell 2% early Friday, after the oil company’s downstream-refining business delivered its first loss in four years, hurt by lower margins on oil sales. The company also missed profit estimates for the fourth quarter,
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.
Chevron’s Q4 Earnings Miss Forecast as Refining Swings to Loss
Chevron reported lower-than-expected fourth-quarter earnings due to a loss in its refining division, despite strong upstream production.
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 ...
13h
on MSN
Why Trump is going to have a hard time lowering oil prices
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
16h
Istanbul Consumer Price Index Rose 5.16% in January
The consumer price index for Istanbul rose 5.16% on a monthly basis in January, pointing to a tick up for Turkey’s national ...
13d
Better Oil Stock: Chevron vs. Devon Energy
The core business model is what you need to think about if you are comparing oil industry players Devon Energy (NYSE: DVN) ...
Finbold | Finance in Bold
3d
This stock will pay Warren Buffett $800 million in dividends this year; Should you buy?
As of the third quarter of 2024, Berkshire owned 118,610,534 shares of Chevron, and the company’s annual dividend of $6.52 ...
7d
Chevron's Profit Engine Remains Strong, But I Have Concerns
Chevron's solid financial foundation and strategic investments in low-carbon technologies make it a compelling long-term ...
1d
Chevron Q4 Earnings: Profits Decline Amid Lower Oil Output, Dividend Hike Offers Silver Lining
Revenue of $52.23B beat consensus of $46.75B. Production down in Q4, up 7% in 2024. Adjusted EPS of $2.06 misses consensus. Dividend increased by 5%.
1d
on MSN
Chevron, NVIDIA Corp. share losses lead Dow's nearly 375-point drop
Behind declines for shares of Chevron and NVIDIA Corp., the Dow Jones Industrial Average is down Friday afternoon.
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