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Chevron Posts First Refining Loss in Four Years, Shares Drop
Chevron Corp. ( CVX, Financials) reported its first refining loss in four years as part of its fourth-quarter earnings, leading to a 3.7% drop in its stock price to $150.54 as of 12:00 p.m. ET Friday trading.
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.
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 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,
1h
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 ...
5h
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 ...
2h
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 ...
1h
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 ...
5h
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 ...
5h
Chevron raises quarterly dividend 5% to $1.71 per share
The company’s Board of Directors declared a 5% increase in the quarterly dividend to $1.71 per share, payable March 10 to all holders of common ...
BOE Report
4h
Chevron Reports Fourth Quarter 2024 Results
Reported earnings of $3.2 billion; adjusted earnings of $3.6 billion Returned record $27 billion cash to shareholders in 2024 ...
2d
Chevron Is Ready to Burn Gas to Power AI
Per the Times, Chevron is already ordering equipment and pursuing potential locations for these power plants, which the ...
1d
Hess Corporation: Advantage To Exxon Mobil
The value of Hess Corporation keeps increasing with rising Guyana production and the slow arbitration process. Read why HES ...
Barchart on MSN
8h
Are Wall Street Analysts Bullish on Chevron Stock?
San Ramon, California-based Chevron Corporation (CVX) is a fully integrated oil & gas company focusing on oil & gas ...
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